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More complex waiting- line problems must be analyzed with simulation.
Merchandise Inventory
The total value of a retailer's goods that are available for sale to customers, including items purchased from suppliers and items ready for sale.
Sales Discount
A reduction in the price of goods or services offered to customers, usually to prompt early payment or bulk purchases.
FOB Shipping Point
A shipping term indicating that the buyer takes responsibility for loss or damage once the goods are shipped, and pays the shipping cost.
Terms
Conditions that are agreed upon in a financial or business arrangement.
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