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A method that uses average gross profit rate and net sales to compute inventory is:
Directions
Instructions or guidance on how to perform tasks, proceed with plans, or navigate spatially.
Feedforward
A communication process that involves providing future-focused feedback or information to preempt or guide actions.
Feedback Control System
A system that regulates its own operation by monitoring its output and making necessary adjustments to maintain a desired state or performance.
Work Outputs
The tangible results or products generated from the work process, which can be measured in terms of quantity, quality, or efficiency.
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