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Cory Has Just Graduated from Veterinary School

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Cory has just graduated from veterinary school. He can earn $40,000 working at a small animal clinic or $50,000 working with farm animals and horses where the risks of getting injured by an animal are higher. The higher salary to work with larger animals is an example of


Definitions:

Manage Capacity

The process of planning, implementing, and controlling resources to ensure that a business or system can meet demand without excessive cost or waste.

Predictable Variability

The expected fluctuations in demand, supply, or other business variables that can be forecasted with some accuracy.

Demand

The total quantity of a product or service that consumers are willing and able to purchase at various price levels at a given point in time.

Lipase

An enzyme that catalyzes the breakdown of fats into fatty acids and glycerol.

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