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What roles and responsibilities should a manager have in an employee's career development?
Ordering Costs
Expenses incurred in placing and receiving orders from suppliers, including costs related to the processing and handling of orders.
Carrying Costs
The total cost of holding inventory, including storage, insurance, taxes, and opportunity costs, among others.
Annual Ordering
Refers to the total cost and process associated with placing orders for goods or materials over the course of a year.
Gadgets
Small mechanical or electronic devices or tools, especially those that are ingenious or novel.
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