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Extending trade credit can increase the probability of repeat orders.
Carrying Cost
The full expenditure of keeping stock on hand, covering expenses related to storing, managing, value reduction, and the cost of alternative opportunities forgone.
Multiple Discriminant Analysis (MDA)
Statistical technique for distinguishing between two samples on the basis of their observed characteristics.
Statistical Technique
A method or formula derived from statistical science used to analyze, interpret, and collect data.
Samples
Small portions or quantities intended to show what the whole is like.
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