Match each definition with the appropriate term. These items are not yet complete products, rather they are being fabricated or waiting in queue for further processing Stock of an item on hand at a particular location or business Maximum that can be produced on a machine or in a facility The potential that a chosen action or activity will lead to a loss Provides a mechanism for identifying items that will have a significant impact on overall inventory cost A production strategy that strives to improve a business retum on investment by reducing in-process inventory Money spent to keep and maintain a stock of goods in storage