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Match Each Term with Its Definition

question 42

Multiple Choice

Match each term with its definition.
-Condition most prevalent in the construction,fireproofing,and textile industries,and in brake and automotive occupations dealing with clutch linings


Definitions:

Handling Cost

The expenses involved in moving, storing, and managing goods, including labor, materials, and overhead.

Storage Costs

Expenses incurred to keep inventory stored safely and effectively, including warehousing, material handling, and preservation costs.

Quantity

Quantity refers to the amount or number of units of a particular item or substance, indicating the volume, size, or extent of that item.

Holding Cost

Refers to the costs related to retaining inventory, encompassing expenses such as storage, depreciation, and opportunity costs.

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