Forward Placement Is a Reduction in Inventory and Safety Stock

question 24

True/False

Forward placement is a reduction in inventory and safety stock because of the merging of variable demands from customers.

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Definitions:

Substitution

A method used in algebra and calculus involving replacing a variable with its corresponding value or another expression to simplify or solve an equation.

Equations

Mathematical statements asserting the equality between two expressions.

Consistent

In mathematics, systems of equations are considered consistent if they have at least one set of solutions.

Consistent

In mathematics, particularly in systems of equations, it refers to a system that has at least one solution.