INVENTORY MANAGEMENT

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Across
  1. 3. Basic, unprocessed inputs used in production.
  2. 5. Extra inventory kept as a cushion against uncertainty.
  3. 7. Partially finished goods in production.
  4. 9. Completed products ready for sale.
  5. 10. Supplies used to support production but not part of the final product.
Down
  1. 1. Inventory technique that reduces levels by aligning deliveries with production schedules.
  2. 2. Obsolete inventory that can no longer be sold or used.
  3. 4. Portion of inventory regularly used and replenished through normal cycles.
  4. 6. Formula that balances ordering and holding costs to determine optimal order quantity.
  5. 8. Inventory built up to meet predictable demand during holidays or events.