Examlex
Which description would be correct for the arrow labeled A?
Safety Inventory
Additional stock kept beyond expected demand to protect against variability in market demand or supply chain disruptions.
Normally Distributed
Refers to a probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean.
Standard Deviation
A statistical metric that quantifies the dispersion or spread of a dataset relative to its mean, indicating consistency or variability.
Echelon Inventory
The stock held across different stages of the supply chain, considering the inventory at all levels together.
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