Examlex
__________ is a supply chain relationship in which a vendor continuously monitors the inventory of a retailer or distributor and automatically replenishes their inventory when levels hit the re-order point.
Sample Proportion
The fraction or percentage of the sample that represents a particular characteristic or attribute within the population.
Finite Population Correction Factor
A correction used in sampling to adjust for the effect of sampling without replacement from a finite population.
Subset
A set of elements that are all members of another set, and possibly fewer in number.
Standard Error
A measure of the dispersion or variability in a sample statistic from the population parameter.
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