Ordering costs,holding costs,and loss in profits due to stockouts are effectively controlled in _____.
A)prototype stores
B)zero-based budgeting
C)incremental budgeting
D)inventory management

Question

Quizplus · Accepted Answer

Inventory management involves effective control of ordering costs, holding costs, and loss in profits due to stockouts. Therefore, inventory management is the best choice for this question. Prototype stores may help in testing new products and store layouts, but they may not necessarily control these costs. Zero-based budgeting and incremental budgeting are budgeting techniques and do not directly address inventory management issues.

Ordering Costs,holding Costs,and Loss in Profits Due to Stockouts Are