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One means that is considered to improve the effectiveness of outside directors is
War On Terrorism
A global military campaign launched by the United States and allied countries to combat terrorism, especially in response to the September 11 attacks.
EOQ Inventory System
The Economic Order Quantity (EOQ) model is a formula used to determine the optimal quantity of inventory to minimize total inventory costs including holding and ordering costs.
Safety Stock
Inventory kept on hand to protect against shortages due to fluctuations in demand or supply.
Carrying Cost
The total cost of holding inventory, including storage, insurance, and taxes, over a certain period.
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