Ordering cost refers to the expense of placing an order and
A) includes the cost of capital.
B) relates to the material management concept.
C) does not include the price of the product.
D) not receiving it.

Question

Quizplus · Accepted Answer

Ordering cost includes expenses related to placing an order, such as administrative costs, but does not include the price of the product itself.

Ordering Cost Refers to the Expense of Placing an Order