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Which of the following terms best describes the pair of compounds shown: , or
Variable Costs
Expenses that change in proportion to the activity or volume of a business operation, such as materials and labor.
Mass Customization
A production and marketing strategy that combines the flexibility and personalization of custom-made products with the low unit costs associated with mass production.
Supply-Chain Performance
A measure of how well a supply chain fulfills customer demands and manages resources efficiently.
Sales Forecasting
The process of estimating future sales revenue over a specific period, based on past sales data, trends, and market analysis.
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