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:

Groundwater

Water stored beneath the Earth's surface within soil or in the gaps and spaces within rock formations.

Infiltrate

The process by which water or other fluids permeate into a substance through pores or small openings, often used in the context of soil absorption or espionage.

Impermeable Unit

A geological formation or material that does not allow fluids to pass through it.

Surface Water

Water that occurs in streams, rivers, lakes, oceans, and other settings on Earth’s surface.