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Palwinder Shergill
on Oct 18, 2024

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The inventory held in case demand exceeds expectation in order to counter uncertainty is called

A) cycle inventory.
B) safety inventory.
C) seasonal inventory.
D) sourcing.

Safety Inventory

A stock of goods or materials kept as a buffer to mitigate the risk of stockouts due to uncertainties in supply or demand.

Demand Uncertainty

The degree of unpredictability or variability regarding customer demand for a product or service, often affecting inventory management and supply chain planning.

  • Recognize various inventory classifications and their functions in the supply chain context.
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Kayla PonceOct 20, 2024
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