Examlex
When a bank has a cheque drawn and cleared against it:
Customers
Individuals or entities that purchase goods or services produced by a business.
Lot Size
The number of units of product, shares, or other securities traded or manufactured in a single transaction or production run.
Inventory Level
The quantity of goods or materials on hand at a particular time within a business.
Mean Inventory Level
The average quantity of inventory held over a specific period of time, used to measure the efficiency of inventory management.
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