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What are some common workplace hazards?
Lot Size Based
Pertains to the method of quantity determination for production or ordering, where items are processed or ordered in specific batch sizes to optimize production efficiency or cost.
Quantity Ordered
The specific amount of goods or services requested by a customer or required for a particular purpose or project.
Holding Cost
The expenses associated with storing inventory until it is sold or used, including storage, handling, insurance, and opportunity costs.
Lot Size
The quantity of units produced or purchased in a single batch, which can be optimized to minimize costs and meet demand.
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