Examlex
The linear search algorithm runs in ________time.
Shortage Costs
Costs incurred when demand exceeds supply, including opportunity costs of unsatisfied demand and potential loss of future business.
Safety Stock
Extra inventory kept on hand by a company to prevent stockouts caused by delays in the supply chain or sudden increases in demand.
EOQ
Economic Order Quantity is the ideal order quantity a company should purchase to minimize its inventory costs, including holding, shortage, and order costs.
Most Liquid
A term used to describe assets that can be most easily and quickly converted into cash with minimal loss in value.
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