Which of the following is the cost of carrying an item in inventory for a specific period of time?
A)Ordering cost
B)Holding cost
C)Shortage cost
D)Stock out cost

Name: Which of the following is the cost of carrying an item in inventory for a specific period of time? A)Ordering cost B)Holding cost C)Shortage cost D)Stock out cost
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Question

Quizplus · Accepted Answer

Holding cost, also known as carrying cost, refers to the expenses associated with storing unsold goods, including warehousing, insurance, depreciation, and opportunity costs.

Which of the Following Is the Cost of Carrying an Item