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Select the Description Which Most Closely Fits the Term SAFETY

Question 24

Multiple Choice

Select the description which most closely fits the term SAFETY STOCK:


A) the time it takes to replenish an item in inventory.
B) extra inventory of an item carried to protect against variations in demand during lead time
C) a listing of components required to manufacture a product
D) the time when an order should be placed
E) none of the above

Correct Answer:

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