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The simple linear regression (least squares method) minimizes
Stocking Locations
Facilities or areas where inventory is kept before being distributed to fulfill orders, essential for managing supply chains efficiently.
Inventory Transfers
The movement of goods from one location to another within the same company, often between warehouses or from a warehouse to a retail location.
Storage Space Costs
Expenses associated with leasing or owning physical space to store inventory, materials, or equipment.
Variable
An element, feature, or factor that is likely to vary or change; often used in statistical or scientific studies to measure effects or outcomes.
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