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According to the text, further consolidation of democracy in Nigeria will require
Restocking Costs
The expenses associated with replenishing inventory or stock.
Obsolescence
The process of becoming outdated or no longer used, often due to technological advancements.
Safety Stock
Additional inventory held by a company to prevent stockouts, typically used as a buffer against variability in demand or supply.
Replacement Order
This refers to the process of ordering new or additional equipment or parts to replace old or used ones in order to maintain operational efficiency.
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