Examlex
Which of the following is a major component of direct marketing?
Safety Stock
Inventory kept on hand to protect against fluctuations in demand or supply, ensuring that there are sufficient units available to meet customer needs.
Reorder Period
The time interval between placing orders for supplies or inventory to replenish stock.
Lead Time
The total time that elapses between the initiation and completion of a process, such as the period from placing an order to delivery of a product.
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