Inventory Management MCQs

Inventory costs include

April 27, 2022

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Inventory costs include

Q. Inventory costs include:

A. Purchase costs

B. Holding costs, ordering costs

C. Costs of running out of inventory

D. All of the above

Answer: All of the above

Inventory costs include

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Practically the risks associated with a stock out are so great that the company always tries to avoid it even if it leads to extra holding cost

Inventory costs include

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