Examlex
According to Standfest, the first of four stages for dealing with stress is __________.
Forward Buying
Purchasing inventory in larger quantities than immediately needed, often in anticipation of price increases or high demand periods.
Lot Size
The quantity of items that are produced, purchased, or moved in a single batch or order.
Cycle Inventory
Inventory that companies maintain to facilitate production in batches or cycles, as opposed to continuous production.
Quantity Discounts
Price reductions offered to customers purchasing in large volumes, incentivizing bulk purchases and often used to reduce inventory holding costs.
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