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Ron did not know much about sofas,but he did know that the more expensive ones were better than the cheaper ones.Ron was using price as
State Lines
Geographic boundaries that define the jurisdictional limits of a state within a country, affecting laws and regulations.
Warehousing Activities
Operations involved in storing goods in a warehouse, including inventory management, picking, packing, and shipping.
Re-stocking
The process of replenishing inventory or goods in a store or warehouse.
Inventory Carrying Costs
The costs required to make or buy a product, including risk of obsolescence, taxes, insurance, and warehousing space used to store the goods.
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