Final answer:
The correct term for the number of units needed to meet demand during the repair cycle is Safety Stock, which serves as a buffer against demand or supply uncertainties.
Step-by-step explanation:
The term that represents the number of units that must be stocked to meet demands during the repair cycle is Safety Stock. This is a buffer stock that companies hold to protect against uncertainties in demand or supply. The Reorder Point is the inventory level at which an order is placed to replenish stock before it runs out, taking into account the lead time for new stock to arrive. The Economic Order Quantity (EOQ) is the ideal order quantity a company should purchase to minimize its inventory costs such as holding costs, shortage costs, and order costs. Lastly, the Order Cycle Time refers to the time between the ordering of an item and when it is received and ready for use or sale.