Systems involving many stock-keeping units are dependent upon having an organized information system.
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Q1: Pilferage of small items such as pencils
Q2: Buffer stock is stock carried to prevent
Q4: Contingency planning for cancellations is better production
Q5: Lead time is the interval between demand
Q6: Each unhappy customer represents a loss of
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Q8: Inventory is comprised of those stocks of
Q9: Lead time is the interval between order
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