Examlex
The act of tying is known as:
Safety Stock
Inventory buffer maintained to guard against supply chain variability and ensure product availability.
Reorder Point
The level of inventory which triggers an action to replenish that particular inventory stock.
Quantity Discount
A reduced price for items purchased in large quantities.
Order Quantity
The amount of an item that is ordered from a supplier to replenish inventory or to fulfill customer demand.
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