Examlex
Which of the following is NOT true about the interquartile range?
Echelon Inventory
The stock held across different stages of the supply chain, considering the inventory at all levels together.
Cycle Inventory
Cycle Inventory refers to the portion of inventory available in a warehouse or storage that is held to meet the regular sales demand.
Safety Inventory
Extra stock kept on hand to prevent stockouts and ensure product availability despite uncertainties in demand or supply lead times.
Throughput
The quantity of goods and materials passing through a system or process in a given period, often used to measure the efficiency of production processes.
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