Examlex
According to the textbook,the FIRST rule of critical thinking is to:
Demand During Lead Time
Demand during lead time is the total customer demand for a product while waiting for replenishment or delivery of new stock.
Review Period
The designated time frame within which a process or performance is evaluated.
Cycle Stock
Inventory that is replenished regularly in response to actual customer demand.
Safety Inventory
Additional stock kept on hand to protect against variability in demand or supply.
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