Examlex
Briefly describe the function of the DBMS in a database system.
Assets
Economic resources owned or controlled by an entity, expected to produce value or benefit in the future.
Cycle Inventory
Inventory that is carried as a result of the production or purchase process, determined by the frequency of orders and the quantity of goods ordered each time.
Demand Variability
The extent to which demand can fluctuate over a period of time, impacting inventory management and planning processes.
High Utilization
Refers to the extent to which a company's resources, such as workers or equipment, are being used at or near their maximum capacity.
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