Examlex
In preparing a presentation for a local community group,you need to describe the process your plant uses to manufacture home appliances.What type of visual should you use to describe the process,and why?
Warehouse Inventory
Encompasses the goods and materials held in a storage space awaiting further distribution or sale, essential for managing supply chain efficiency.
Pipeline Inventory
Inventory that is currently in transit between locations or stages in a supply chain. It represents goods that are not yet available for sale or use.
Periodic Review System
A system of inventory control where the inventory levels are reviewed at fixed intervals to determine the reorder quantity.
Order Up To Level
A replenishment strategy where inventory is restocked to a predetermined level each time an order is placed to maintain stock availability.
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