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One of the limitations of LMDS and MMDS is that both these systems operate at frequencies that require line of sight.
Selling and Administrative Costs
Expenses related to the sales process and overall management of a company, excluding production costs.
Target Cost
The maximum amount that can be spent on a product in order to generate the desired profitability level.
Cost-Plus Approach
A pricing strategy where a fixed percentage or fixed amount is added to the cost of producing a product or service to determine its selling price.
Markup
The amount added to the cost of goods to cover overhead and profit, represented as a percentage of cost or a fixed amount.
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