Inventory held to satisfy demand that is higher than forecasted is
A) safety backlog.
B) safety capacity.
C) safety inventory.
D) safety sales.
Answer: C
Business
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Balancing customer satisfaction against operational efficiency would be best described by which of the following?
a. Complacent reactionism b. Boundary spanning roles c. Interfunctional conflict d. Crossfunctional conflict e. Reduction management
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Which of the following terms, developed by Rawls, indicates that inequalities are justified if they benefit the position of the least-advantaged members of society?
A. Difference principle B. The tragedy of the global commons C. The theory of private equity D. Unity of command E. Laws of equivalent trade
Business