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What is a markup language for documents, containing structured information?
Batching Economies
Cost advantages gained by producing or purchasing goods in large quantities at once.
Cycle Stocks
Inventory that companies hold to meet normal sales demand, as opposed to inventory held in anticipation of peak demand or for buffering against supply chain uncertainties.
Ordering Cost
The expenses associated with placing and receiving orders for materials, including costs related to paperwork, communication, and transportation.
Inventory
The stock of goods, materials, parts, and products that a business holds to fulfill future sales or production needs.
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