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Assuming Equivalent Lead Times, the Period That Stockout Protection Is

question 66

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Assuming equivalent lead times, the period that stockout protection is needed because of demand uncertainty is longer in a periodic review (P) inventory system than in a continuous review (Q) inventory system.


Definitions:

Half-Life

The time required for one half of the atoms of a radioactive substance to disintegrate into more stable materials.

Half-Life

The time required for half the quantity of a radioactive substance to undergo decay.

Half-Lives

The time required for half of the atoms in a radioactive sample to decay into other elements or isotopes.

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