Ordering cost refers to the expense of placing an order for additional inventory, including the cost or expense of the product itself.

Name: Ordering cost refers to the expense of placing an order for additional inventory, including the cost or expense of the product itself.
Brand: Quizplus
Rating: 4.9 (36 reviews)

Question

Quizplus · Accepted Answer

Ordering cost refers to the expenses related to the process of ordering inventory, such as administrative costs, but does not include the cost of purchasing the product itself.

Ordering Cost Refers to the Expense of Placing an Order