Examlex
In which of the following pairs are the two terms equivalent?
Safety Inventory
Additional stock kept to mitigate the risk of stockouts due to fluctuations in demand or supply lead times.
Cycle Inventory
Inventory that is held or processed in batches, cycling through the production and supply chain processes.
Retailers
Businesses or individuals that purchase goods from manufacturers or wholesalers to sell them directly to consumers.
Safety Inventory
Additional stock that is kept in reserve to protect against stockouts caused by variability in demand or supply.
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