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Bob's Auto Parts is opening four new stores in the surrounding area.Which of the following adaptive strategies does this represent?
Carrying Cost
An expense related to holding inventory, including storage, insurance, and obsolescence costs.
Lead Time
The total time taken from the initiation to the completion of a production process or delivery of a service.
Value Chain
The full range of activities that businesses go through to bring a product or service from conception to delivery to the end consumer.
Management Accounting
The field of accounting that focuses on providing financial and non-financial information to help managers make informed business decisions.
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