Examlex
A _____ is a tool used in quality management.
Cycle Inventory
Cycle inventory refers to the portion of inventory that is consumed and replenished in regular cycles in a supply chain, correlating with order frequency.
Annual Inventory
encompasses the total quantity or value of inventory that a company holds over a year, reflecting both the turnover rate and the efficiency of inventory management.
Distribution Inventory
Stocks of goods and materials held at various points in a supply chain, intended for downstream distribution.
Physical Inventory
The process of counting and verifying all physical goods and materials in stock by a business.
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