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Which court would you consider to be closest to the people? Why?
Safety Stock
Extra inventory kept on hand to prevent stockouts caused by variations in supply and demand.
Lead Time
The time interval between the initiation and completion of a process, such as the period from placing an order to its delivery.
Safety Stock
Inventory held in reserve to guard against stockouts caused by variability in demand or supply chain delays.
Lead Time
The time interval from the initiation of a process (such as placing an order) to its completion (such as the delivery of goods or services).
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