Examlex
_____ introduced the terms fluid intelligence and crystallized intelligence.
Finished Goods
Products that have completed the manufacturing process and are ready to be sold or distributed to customers.
Seasonal Stocks
Inventories that are built up in anticipation of predictable changes in demand that occur at certain times of the year.
EOQ
Economic Order Quantity is a formula used by businesses to determine the ideal order quantity that minimizes inventory costs including holding, shortage, and order costs.
Capital Cost
The upfront expenditure required to acquire or improve fixed assets such as buildings, machinery, or equipment, contributing to the productive capacity of a firm.
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