Examlex
A disadvantage of in-office interviews is that interviewers must be at a certain place at an exact time.
Customer Profitability
The profit that a company makes from serving a particular customer or client group over time.
Gross Margin
The difference between sales revenue and the cost of goods sold, representing the profitability of selling inventory.
Servicing Cost
The costs associated with maintaining and repairing products or equipment, contributing to the total cost of ownership.
Just-In-Time (JIT)
An inventory management system that aligns raw-material orders from suppliers directly with production schedules, aiming to reduce inventory costs and increase efficiency.
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