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Erin is following a safe and medically sound weight loss program to lose 20 pounds.According to this information,her program ________.
Inventory Costs
Costs associated with ordering, holding, and managing inventory, including storage, insurance, and obsolescence.
Carrying Costs
Expenses associated with holding or maintaining an asset over time, such as storage, insurance, and taxes for physical goods.
Reorder Point
The level of inventory which triggers an action to replenish that particular inventory stock.
Inventory Order
The process of ordering additional products or materials to replenish stock levels in anticipation of demand or to maintain inventory at desired levels.
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