Examlex
How does the text define ideology?
Private Fleet
A company-owned or leased set of transport vehicles dedicated to moving the company’s goods, providing control over logistics operations.
Lead Time Demand
The total demand for a product or service during its lead time, which is the time between order placement and delivery.
Safety Inventory
Additional stock kept on hand to protect against variability in demand or supply, ensuring that demand can be met without stockouts.
Holding Cost
The total cost associated with storing unsold goods or materials, including warehousing, insurance, taxes, and inventory depreciation.
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