Examlex
A(n) embedded computer is a special-purpose computer system incorporated into other devices such as appliances.
Annual Demand
The total quantity of a product or service that consumers are willing and able to purchase over a year.
Safety Stock
Additional quantity of an item held in inventory to reduce the risk of stockouts caused by variability in supply or demand.
Stockouts
Occurrences when demand exceeds supply, resulting in an inability to fulfill customer orders or requirements immediately.
Inventory Carrying Costs
The total cost associated with holding inventory, including storage, insurance, depreciation, and opportunity costs.
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