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The ____________________,also known as the information resource manager (IRM),usually reports directly to top management and is given a higher degree of responsibility and authority than the DBA,although the two roles overlap some.
Inventory
The stock of goods, materials, parts, and finished products that a company holds for the purpose of resale or production.
Forecast Accuracy
The degree to which forecasted values match or are close to the actual realized values.
Overstocked Quantity
Refers to having more inventory on hand than is necessary, leading to potential excess storage costs and reduced cash flow.
Understocked Quantity
The situation where the quantity of inventory available is less than the demand, leading to missed sales or delays.
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