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During the early stages of computer graphics, printing images took several hours and required expensive ________________, which were large printers that held rolls of paper and made marks by moving pens.
Independent Demand
The need for a product or service that is not influenced by the demand for other products, often applied in inventory management and forecasting.
Inventory
The raw materials, work-in-process products, and finished goods considered to be part of a business's assets that are ready or will be ready for sale.
Inventory Carrying Cost
The total expenses associated with holding inventory, including storage, insurance, taxes, opportunity costs, and potential obsolescence.
Product Value
The importance or worth that a product holds for a customer, often determined by its utility, quality, and satisfaction it provides.
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