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Recognizing when an expense contributes to the production of revenue is critical.
Product Availability
The extent to which a product can be purchased by consumers, influenced by inventory levels and supply chain efficiency.
Forecast Error
The gap between real results and what was forecasted by predictive models.
Expected Overstock
The anticipated surplus inventory that exceeds the demand, often leading to markdowns, clearance sales, or write-offs.
Expected Understock
The anticipated shortage of inventory, where demand exceeds the available supply within a certain period.
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