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In a nuclear fission reaction,
Stockout
A situation in retail or supply chain management where the inventory of a particular item is completely depleted, leading to an inability to meet customer demand.
ABC Analysis
A method for classifying inventory items based on their importance, such as their sales volume or value, to prioritize management focus.
On-Hand Inventory
The amount of inventory physically present and immediately available in a warehouse or location at any given time.
Annual Dollar Volume
The total amount of money a product or service generates in sales over the period of a year.
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