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Representatives (number of delegates) for the AFI-CIO convention are chosen in the following manner:
Shortage Costs
Expenses incurred from the unavailability of inventory or resources, leading to missed sales or production delays.
Carrying Costs
The expenses incurred by holding inventory, including storage, insurance, and taxes.
Current Assets
Assets owned by a company that are expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of the business, whichever is longer.
Carrying Costs
Expenses associated with holding or storing inventory over a period.
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