ENTREPRENEURIAL OPERATIONS
INVENTORY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The following are examples of the costs of holding stock except:
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storage cost
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wastage
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purchase cost
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opportunity cost
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Explanation:
Detailed explanation-1: -Inventory carrying costs can be sorted into four categories: capital costs, storage costs, service costs and inventory risk costs.
Detailed explanation-2: -The answer is option no. 2 i.e. TRANSPORTATION COST.
There is 1 question to complete.