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The first step in the adoption process is .
Safety Inventory Calculations
Methods or formulas used to determine the appropriate level of safety stock to hold to minimize risks of outages.
Supply Uncertainty
Refers to the unpredictability in the availability and timely delivery of materials and resources needed for production.
Required Levels
The specified minimum or maximum amounts of resources, inventory, or capacity needed to meet operational demands.
Demand During Lead Time
The quantity of a product or service that is expected to be sold or used during the period it takes for an order to be delivered or replenished.
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