Examlex
Cara is plotting a zero correlation as a graph.Her cluster of points will form the shape of a(n)
Inventory Level
The quantity of goods or materials on hand at any given time, which is crucial for meeting demand without excessive holding costs.
Replenish
The process of filling or restocking products, supplies, or inventory to return to a desired level.
ABC Analysis
ABC Analysis is an inventory categorization technique that divides items into three categories (A, B, and C) based on their importance and value, with A being the most valuable.
Critical Items
Goods or components crucial for the manufacturing process or customer satisfaction, often given higher priority in inventory management.
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