Examlex
Perform the operations and simplify: x(x + 4)- (x + 2)(x - 1)
Margin Lost
The reduction in potential earnings or profit due to inefficiencies, increased costs, or missed opportunities.
Stockout
A situation where inventory is exhausted, and a product is unavailable for sale or delivery, potentially leading to lost sales and customer dissatisfaction.
Cost of Understocking
The financial loss or missed opportunity cost incurred when inventory levels are too low to meet demand.
Holding Cost
The expenses associated with storing unsold goods or materials, including warehousing, insurance, depreciation, and opportunity costs.
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