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Which of the following statements is FALSE?
Safety Inventory
Extra stock kept on hand to prevent stockouts due to variable demand and lead times.
Safety Inventory
Extra inventory kept on hand to protect against uncertainties in demand or supply.
Product Availability
The extent to which goods or services can be purchased or accessed as desired by customers at a given time.
Customer Purchases
Transactions where consumers buy goods or services from businesses, exchanging money for products.
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