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Routine eye examination
Safety Inventory
Extra stock kept on hand to prevent stockouts and ensure product availability despite uncertainties in demand or supply lead times.
Throughput
The quantity of goods and materials passing through a system or process in a given period, often used to measure the efficiency of production processes.
Inventory Rate
The speed at which inventory is sold or used over a particular period, often indicating the efficiency of inventory management.
Review Interval
The scheduled period between evaluations of a process, system, or performance, allowing for adjustments and improvements.
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