Examlex
According to the classification given by the authors, somatic senses
Cycle Inventory
The portion of inventory available to meet normal demand during an ordering cycle.
Demand
The quantity of a good or service that consumers are willing and able to purchase at a given price.
Cycle Inventory
The average amount of inventory kept on hand to meet normal demand between the receipt of inventory deliveries.
Physical Inventory
The process of counting and verifying actual merchandise or stock in a business, usually for accounting accuracy and inventory management.
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