when a computer manufacturer makes 250 personal computers on monday and 100 on tuesday, it is experiencing in supply, which is a type of system inhibitor.

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Variance is a type of system inhibitor when a computer manufacturer makes 250 personal computers on monday and 100 on tuesday, it is experiencing in supply

What is meant by Variance in supply ?

The difference between an expected value and the actual value is referred to as variation. A cost overrun would provide a negative variance; for instance, a cost variance would be computed by deducting the actual cost from the anticipated cost. If the physical stock differs from the ledger stock during a stock count in inventory control, this is a variance, and the result of the stock check will be a variance report showing the scope and direction of the stock check discrepancy.

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