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Please note: HazChem Logistics Management Co., Ltd. (HazChem) does not take responsibility for the content of these definitions, nor does HazChem endorse these as official definitions.  The definitions of the terms are given for useful reference only.  

 

  Base Inventory Level


The inventory level made up of aggregate lot-size inventory plus the aggregate safety stock inventory. It does not take into account the anticipation inventory that will result from the production plan. The base inventory level should be known before the production plan is made. Also see: Aggregate Inventory.

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