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Heirarchial clusting using ____________ results in a sequence of aggregated clusters that minimizes the loss of information between the individual observation level and the cluster level
Inventory Cost
The total cost associated with holding and managing inventory, including storage, insurance, taxes, opportunity costs, and depreciation.
Supply Chain Network
A more complex version of a supply chain, involving multiple suppliers, manufacturers, and distribution channels creating a web of interconnected businesses.
Transportation Cost
The expenses incurred in the movement of goods from their manufacturing location to the end customer, including fuel, labor, vehicle maintenance, and tolls.
Facility Cost
The financial expenditure associated with the physical infrastructure of a business, including construction, maintenance, and utilities.
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