Examlex
Daniel has started a small shoe manufacturing company. He has a tight budget, and does not want the best equipment at the moment, so he is using equipment that is good enough to work with. In this scenario, Daniel is _____.
Inventory
The goods and materials that a business holds for the purpose of resale or production.
Simple Moving Average
A statistical calculation used to analyze data points by creating a series of averages of different subsets of the complete dataset.
Historical Demand
Past data showing the quantities of a product that were purchased over a specific period.
Gulab Jamun
A popular South Asian sweet made from milk solids kneaded into a dough, deep-fried, and soaked in a sugary syrup.
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