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Philo Says, "Now, According to This Method of Reasoning, It

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Philo says, "Now, according to this method of reasoning, it follows, (and is, indeed, tacitly allowed by Cleanthes himself) that order, arrangement, or the adjustment of final causes is not, of itself, any proof of design; but only so far as it has been experienced to proceed from that principle."


Definitions:

Work In Process

Items that are in the production process but are not yet complete; a component of inventory costs.

Economic Order Quantity

A calculation used to determine the most cost-effective quantity of stock to order, balancing ordering costs with stock holding costs.

Acquisition Cost

The total expense incurred to acquire an asset, including the purchase price and all related costs.

Inventory Stock

Goods or materials that a business holds for the ultimate goal of resale.

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