Examlex
Heroin and morphine are examples of hallucinogenic drugs.
Lead Time
Lead time is the duration between the initiation and completion of a process, often used in reference to the time taken from ordering to receiving goods.
ROP
Refers to Reorder Point, a inventory management technique indicating the minimum level before a new order must be placed.
Continuous Review Policies
Inventory management strategies that monitor inventory levels continuously to decide when to reorder.
Safety Inventory
Additional stock kept in reserve to protect against variability in demand or supply chain disruptions.
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