Examlex
Which of the following techniques determines when the job must begin in order to be completed by the due date?
Standard Deviation
A numerical indicator that reflects the degree of spread or variation of data points in a dataset from the average value.
Safety Inventory
Extra stock kept on hand to protect against stockouts caused by variability in demand or supply.
Safety Inventory
A stock buffer maintained to mitigate risk of stockouts due to demand variability and supply chain uncertainties.
Lead Time
The duration between the initiation and completion of a process, such as the time from placing an order to its delivery.
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