Capacity Used to Satisfy Demand That Is Higher Than Forecasted

question 48

Multiple Choice

Capacity used to satisfy demand that is higher than forecasted is

• A)safety backlog.
• B)safety capacity.
• C)safety inventory.
• D)safety sales.

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Definitions:

Average Daily Float

The average amount of uncollected funds represented by checks in the process of clearing, typically used in banking and finance to assess cash management efficiency.

Total Float

The total amount of time that a project task can be delayed without causing a delay to the project's completion date.

Cheque Clear

The process by which a cheque's funds move from the issuer's account to the recipient's account, and the cheque is deemed successfully processed.

Banking System

A network of financial institutions, including banks, that provide financial services to the public and businesses.