Examlex
In terms of software design for custom-developed programs,the development team identifies off-the-shelf products and then determines the alterations required.
Inverse Relationship
A relationship between two variables where one variable increases as the other decreases, or vice versa.
Lost Sales
Potential sales opportunities that have been missed or unattained, often due to factors like stockouts or service issues.
Inventory Costs
Expenses associated with holding and managing inventory, including costs related to storage, insurance, taxes, and depreciation.
Logistics Manager
A professional responsible for overseeing the logistics operations within an organization, ensuring efficient transportation and distribution of goods.
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