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A large computer company was well known for the frequent debate among employees regarding various issues.Employees weren't afraid to disagree with their colleagues and to clearly argue their point.Although the discussions would sometimes get loud,employees never spoke angrily at each other and the discussants would always end the meeting in friendship.This computer company has many instances of:
Carrying Cost
The total cost of holding inventory, including storage, insurance, taxes, and depreciation.
Fixed Cost
Costs that do not vary with the volume of output produced, such as rent, salaries, and insurance premiums.
Inventory
The total amount of goods and/or materials contained in a store or factory at any given time.
Inventory Management
The practice of ordering, storing, tracking, and controlling inventory to ensure an adequate supply without excessive oversupply or loss.
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