The ________ Is a Nonhierarchical Method That Allows for Later

question 13

Multiple Choice

The ________ is a nonhierarchical method that allows for later reassignment of objects to clusters to optimize an overall criterion.

• A)optimizing partitioning method
• B)sequential threshold method
• C)parallel threshold method
• D)Ward's procedure

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Definitions:

Freight-in

The cost of shipping goods into a business, which is often included in the cost of inventory.

Cost of Goods

Cost of Goods refers to the direct costs attributable to the production of the goods sold by a company, including materials and labor.

Ending Inventory

At the close of an accounting period, the valuation of merchandise ready for sale is identified by summing up the initial inventory with buys and deducting the expense of goods sold.

Ending Inventory

The total value of all inventory a company has in stock at the end of an accounting period, which is used to calculate the cost of goods sold.