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At Wakame Beauty Solutions,Sheila created an award-winning line of lip balm,lip gloss,and lipstick after many hours of research and discussions with experts.Now,with her manager's encouragement,she frequently conducts workshops for other employees about lip color and other beauty products.In this scenario,which of the following features of Wakame Beauty Solutions is exemplified?
Expected Profit
The forecasted amount of profit calculated by multiplying potential outcomes by their probabilities of occurrence.
Expected Profit
The anticipated financial return from an investment or business activity, considering potential risks and earnings.
Optimal Quantity
The most favorable amount of goods or services, determined through analysis, to meet specific objectives like minimizing costs or maximizing profit.
Surplus Inventory
Inventory exceeding the current demand, leading to excess stock that may require special handling or discounting.
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