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Classify each of the following as:
-Adding refrigerant to an air conditioning system
Holding Cost Rate
The percentage of the inventory value held that represents the cost to store, manage, and insure inventory over a certain period.
Montreal
A major city in Quebec, Canada, known for its cultural diversity, historical sites, and economic significance.
Edmonton
The capital city of Alberta, Canada, known for its vibrant culture and as the gateway to the North.
Holding Cost
The expenses associated with storing unsold goods or materials, including warehousing, insurance, spoilage, and opportunity costs.
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