Examlex
The use of variable names is considered to be a basic data abstraction.
Holding Cost
The expenses associated with storing unsold goods or materials, including warehousing, insurance, depreciation, and opportunity cost.
Shipping Cost
The expense incurred to transport goods from one location to another.
Factor Weighting Technique
A decision-making tool that assigns weights to various factors or criteria based on their importance, used to evaluate alternatives or make choices.
Subjectivity
The quality of being based on or influenced by personal feelings, tastes, or opinions rather than external facts or evidence.
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