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Supply Chain's Responsiveness
The ability of a supply chain to quickly adapt to changes in demand, supply, or environmental conditions.
Optimal Quantity
The most efficient amount of stock or product to order or hold to minimize costs and meet demand.
Standard Deviation
A statistical measure that quantifies the amount of variation or dispersion of a set of values.
Level of Availability
The degree to which a system, service, or product is operable and accessible when required for use.
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