Examlex
Rationalization involves
Lot
A distinct batch or quantity of material bought or sold, often considered as a single unit in stock trading or production.
Purchase Price
The cost at which something is bought, which may include additional fees or taxes involved in the transaction.
Material Cost
The expense incurred in acquiring the raw materials needed to produce a good or deliver a service.
Holding Cost
Holding cost is the expense associated with storing unsold goods or items held in inventory over a certain period, including warehousing, insurance, and depreciation costs.
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