Examlex
All of the following are steps in the process of action research except:
Inventory
The total quantity of goods and materials held in stock by a business, warehouse, or retail location.
Overstocking
The practice of holding more inventory than is necessary, often leading to excess stock that is difficult to sell.
Understocking
The condition where the inventory levels are too low, risking stockouts, lost sales, and dissatisfied customers.
Demand Mean
The average demand over a specified period of time.
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