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The Three-Field System, an Important Innovation of the Early Middle

question 38

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The three-field system, an important innovation of the early Middle Ages, enabled


Definitions:

Standard Deviation

A numerical indicator that reflects the degree of spread or variation of data points in a dataset from the average value.

Safety Inventory

Extra stock kept on hand to protect against stockouts caused by variability in demand or supply.

Safety Inventory

A stock buffer maintained to mitigate risk of stockouts due to demand variability and supply chain uncertainties.

Lead Time

The duration between the initiation and completion of a process, such as the time from placing an order to its delivery.

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