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Why or How Might It Be Said That Even Though

question 46

Essay

Why or how might it be said that even though the measured U.S.savings rate is falling,the actual rate may not be falling,but in fact,might even be rising?


Definitions:

Efficient

The quality of achieving maximum productivity with minimum wasted effort or expense.

Cycle Inventory

Inventory that is held to manage the normal fluctuation of production or supply and demand, rotating through cycles of replenishment.

Safety Inventory

Extra stock kept in storage to guard against uncertainty in demand or supply, ensuring product availability.

Seasonal Inventory

Inventory that is purchased or produced in anticipation of season-based demand increases, such as holiday merchandise.

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