Safety Stock ______

question 11

Multiple Choice

Safety stock ______.

• A)is the minimal level of inventory that a company seeks to maintain a buffer against the mismatch between forecasted and actual demand
• B)is the level of finished products that a company maintains to take advantage of demand in new markets
• C)is the level of finished products that a company maintains to ensure it is safe from government inspection
• D)is the level of finished products that a company needs to manufacture to ensure the price is protected from increase or decrease

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Definitions:

Federal Minimum Wage

The lowest legal hourly pay for most workers in the United States, set by federal law.

Long-Term Employment

Long-term employment refers to a work arrangement where an individual is employed by the same company or organization for a lengthy period, suggesting stable and continuous work history.

Fraud

Intentional deception made for personal gain or to damage another individual.

Express Employment Contract

A legal agreement where the terms of employment are explicitly stated and agreed upon by both employer and employee.