Examlex
All of the following abbreviations are related to substance abuse, except ____________.
Economies of Scale
A cost advantage that arises with increased output of a product, where fixed costs are spread out over more units of production, reducing the cost per unit.
Inventory Carrying Costs
Inventory carrying costs include the total expenses associated with holding and storing unsold goods, such as warehousing, insurance, depreciation, and opportunity costs.
Disintermediation
Elimination of intermediaries, such as distribution centers, in the delivery of products from a producer to a consumer.
Distribution Centers
Facilities that store and distribute a company's inventory to retail locations or directly to customers.
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