Examlex
What is environmental justice?
Carrying Inventory
The practice of holding goods in stock, representing a current asset on a company's balance sheet.
Running Out Of Inventory
A situation where a business depletes its stock of products, potentially leading to missed sales opportunities and customer dissatisfaction.
Materials Requirement Planning
A production planning, scheduling, and inventory control system used to manage manufacturing processes.
Just-In-Time Inventory
An inventory management strategy that aligns raw-material orders with production schedules to minimize inventory costs and reduce waste.
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