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The policy implications of various biological theories of criminal behavior have included:
Holding Cost
Holding cost, in inventory management, refers to the total cost of holding inventory, including storage, insurance, depreciation, and opportunity costs.
Annual Demand
The total quantity of a product or service that is expected to be sold or used in a one-year period.
EOQ Model
stands for Economic Order Quantity model, a formula used in inventory management to determine the optimal order size that minimizes the total costs of holding and ordering inventory.
Inventory Carrying Cost
The total cost associated with holding inventory, including storage, insurance, taxes, depreciation, and the opportunity cost of tied-up capital.
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