Examlex
Superseniority is a term that means that an employee has the greatest amount of seniority among individuals in a particular job classification.
Carrying Costs
Expenses associated with holding or carrying inventory, including storage, insurance, taxes, and opportunity costs.
Shortage Costs
Costs associated with the unavailability of inventory or goods, leading to lost sales, backorders, or production delays.
Adjustment Costs
Expenses incurred by a company or economy in making transitions or changes to a new policy, process, or condition.
Same Day Value
Financial transactions that are settled on the same day they are initiated.
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