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Which of the following is an example of a positive externality?
Holding Cost
The expenses associated with storing inventory until it is sold or used, including storage, handling, insurance, and opportunity costs.
Lot Size
The quantity of units produced or purchased in a single batch, which can be optimized to minimize costs and meet demand.
Aggregating
The process of combining multiple pieces of data or information into a single group or total, often used to simplify analysis or reporting.
Average Flow Time
The average time that it takes for a unit to move through a specific process or system, from start to finish.
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