Examlex
Good leaders are not concerned about following ethical standards and treating others fairly.
Inventory Upstream
Inventory located earlier in the supply chain, typically held by suppliers or manufacturers before it moves down the chain to distributors or retailers.
CSL (Cycle Service Level)
A measure of the probability that a demand will be satisfied during a single order cycle without stockouts.
ROP (Reorder Point)
The inventory level at which an order should be placed to replenish stock before it runs out, taking lead time into account.
Normally Distributed
Describes a statistical distribution where data points are symmetrically distributed around the mean, showing a bell-shaped curve pattern.
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