Building Up Inventory in Anticipation of Unforeseen Global Supply Chain

question 51

Short Answer

Building up inventory in anticipation of unforeseen global supply chain interruptions is known as ________.

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Definitions:

Projects

Initiatives or plans undertaken to achieve specific objectives, which can be either short-term or long-term in nature.

Payback Period

The time required for the return on an investment to "pay back" the sum of the original investment, often used for capital budgeting.

Investment

Disbursing assets, particularly money, with the objective of obtaining income or profit.

IRR

The Internal Rate of Return is a measure employed in the evaluation of capital investments to determine the projected profitability.