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Feminine cultures value such things as being sensitive toward each other over being competitive.
Carrying Costs
Expenses associated with maintaining inventory, including storage, insurance, and opportunity costs.
Cycle Counting
An approach to stock audit where a limited selection of the inventory at a defined site is enumerated on a chosen date.
Service Level
A measure of the performance of a service system, often defined in terms of responsiveness to customer needs and reliability.
Ordering Costs
The expenses associated with the process of requisitioning, purchasing, and receiving goods and services; includes costs of paperwork, communication, and inspections.
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