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Defining requirements such as the amount of data to be stored, functional layouts for computer inquiry screens and reports, and processing response times are part of developing the ______________________________ for the selected design.
Market Share
The share of a market dominated by a specific company or product, usually represented as a percentage.
Margin
The difference between the selling price of a product or service and its cost, usually expressed as a percentage of the selling price.
Average Inventory
The mean quantity of stock held over a certain period, calculated to assess inventory levels, manage storage costs, and optimize supply chain operations.
Peak Period
The time frame during which the highest level of activity, usage, or demand occurs.
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