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What was a method of selection known as the "Assessment Centre" originally developed to select?
Carrying Cost
Carrying cost refers to the total cost of holding inventory, including storage, insurance, spoilage, and opportunity costs.
Virtual Retailer
A business that sells goods or services online rather than through a physical storefront.
Warehouse Management
Involves the oversight of operations in a warehouse, including inventory management, picking processes, and dispatching goods.
Competitive Advantage
A condition or circumstance that puts a company in a favorable or superior business position.
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