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Extra units that are held in inventory to reduce stockouts are called Part 2 A. just-in-time inventory. B. safety stock. C. demand variance. D. reorder
Extra units that are held in inventory to reduce stockouts are called Part 2 A. just-in-time inventory. B. safety stock. C. demand variance. D. reorder point. What is the primary difference between time-series and associative forecasting models? Part 2 A. Time-series models are only used for economic forecasts B. Associative models incorporate variables that might influence the quantity being forecasted C. Associative models do not predict demand D. Time-series models are only used for long-range forecasts
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