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The ____ of 20-somethings in Asia is increased because most still live with their parents.
Safety Stock
Additional inventory held to protect against variability in demand or supply, ensuring that stockouts are minimized and service levels are maintained.
Lead Time
The total period needed to fulfill an order from the moment it is placed until it is delivered to the customer.
Safety Stock
Extra inventory kept to guard against shortages due to fluctuations in demand or supply.
Lead Time
The amount of time that elapses between the initiation and completion of a production process or delivery of a service.
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