Examlex
Which of the following statements about camelids is correct?
Safety Stock
An additional quantity of inventory kept on hand as a buffer against demand fluctuations or supply chain uncertainties.
Lead Time
The amount of time between the initiation and completion of a production process.
Safety Stock
A quantity of inventory kept on hand to protect against fluctuations in demand or supply.
Lead Time
The amount of time that elapses between the initiation of a process and its completion.
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