Examlex
A major goal of labor unions is bargaining effectiveness,because with it comes the power and influence to make the employees' voices heard and to effect changes in the workplace.
Demand Uncertainty
The unpredictability related to the demand for products or services, often causing challenges in supply chain management.
Service Level
A measure of performance that reflects the quality of service provided, often evaluated based on customer satisfaction or the ability to meet delivery times and product availability standards.
Safety Inventory
Additional inventory held to guard against uncertainty in demand or supply, ensuring product availability.
Standard Deviation
A numerical indicator that reflects the degree of spread or variation of data points in a dataset from the average value.
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