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What is "spectroscopic parallax"?
Carrying Cost
This is the total cost of holding inventory, including storage, handling, insurance, and opportunity costs.
Fixed Cost
Expenses that do not change with the level of goods or services produced by a business, such as rent, salaries, and insurance.
Variable Cost
Costs that change in proportion to the good or service that a business produces.
Inventory
The total amount of goods and materials held by a company for the purpose of resale or production.
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