Examlex
Define the following:
-Informed consent:
Coefficient Of Variation
A statistical measure of the relative dispersion of data points in a data series around the mean, expressed as a percentage.
Safety Inventories
Additional stocks held beyond expected demand to mitigate the risk of stockouts due to demand and supply variability.
Centralization
The concentration of decision-making authority at the top levels of an organization, often leading to more consistent and efficient policy implementation.
Product Variety
The range of different items or products a company offers to meet diverse customer needs or preferences.
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