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Idle Capacity
Unused productive ability within a business, often resulting in inefficiency because resources are not being utilized to generate revenues.
Classification
A method of arranging entities in an organized system of categories.
Inventory Cost
The total cost associated with keeping goods in stock, including storage, insurance, taxes, and opportunity costs.
Equipment
Tangible assets used in the operation or production process of a business, ranging from office supplies to heavy machinery.
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