________ Is the Minimum Inventory Necessary to Keep a Perfect

question 55

Short Answer

________ is the minimum inventory necessary to keep a perfect system running.

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Definitions:

Variability

The extent to which data points in a set differ from each other and from their average, or the degree of dispersion within the dataset.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values.

Variability

The degree to which observations in a dataset or statistical distribution vary from the mean and among themselves.

Range

The difference between the highest and lowest scores in a data set, reflecting the spread or dispersion of the scores.