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As a lexical definition, the definition "'Cello' means a stringed musical instrument" may be criticized as:
Investment Costs
Expenses associated with the acquisition of new assets, facilities, or equipment intended to increase the capacity, efficiency, or capabilities of a business.
Pilferage
A small amount of theft.
Holding Costs
Expenses related to keeping inventory in storage, including warehousing, insurance, and spoilage costs, which are part of the overall inventory carrying costs.
Safety Stock
Additional inventory beyond the expected demand, held to guard against variability in market demand or supply chain disruptions.
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