Examlex
If there is a likelihood of ambivalence in the respondents, a "neutral" category is inappropriate.
Safety Inventory
Additional stock kept in reserve to protect against variability in demand or supply chain disruptions.
Review Interval
The scheduled time between evaluations or assessments of a particular process, inventory level, or system performance.
Decentralized Locations
A distribution strategy where operations or facilities are spread out across various geographical locations instead of being centralized in one spot.
Centralized Location
A strategic location chosen for warehousing or manufacturing operations to minimize transportation costs and maximize efficiency by serving various regions from a single point.
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