Examlex
Which of the following inventory practices seeks to boost efficiency by cutting inventories to absolute minimum levels?
Residual Income
The amount of income that an individual or company retains after accounting for all operating expenses and cost of capital.
Operating Assets
Assets that are used by a company in its daily operations to generate revenue, excluding any investment or non-operational assets.
Net Operating Income
The profit derived from a company's regular business activities, excluding deductions of interest and taxes.
Return On Investment
A performance measure used to evaluate the efficiency or profitability of an investment or compare the efficiency of a number of different investments.
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