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SEBI Operates to Fulfill the Needs of These Three Groups

question 20

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SEBI operates to fulfill the needs of these three groups, choose the one which is not in those three:


Definitions:

Inventory

The stock of goods, materials, parts, and finished products that a company holds for the purpose of resale or production.

Forecast Accuracy

The degree to which forecasted values match or are close to the actual realized values.

Overstocked Quantity

Refers to having more inventory on hand than is necessary, leading to potential excess storage costs and reduced cash flow.

Understocked Quantity

The situation where the quantity of inventory available is less than the demand, leading to missed sales or delays.

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