Examlex
Learning curves have a variety of purposes, which can be placed into these broad categories:
Inventory Holding Cost
Expenses associated with storing unsold goods, including warehousing, insurance, taxes, depreciation, and opportunity costs of capital tied up in inventory.
Marginal Subcontracting Cost
The extra expense associated with outsourcing an additional unit of production or service.
Layoff Cost
The financial impact associated with the termination of employees traditionally as a result of downsizing, restructuring, or automation.
Hiring And Training Cost
Expenses incurred in recruiting, hiring, and training new employees.
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