Despite storage and maintenance costs, most companies find it profitable to hold inventory for long periods of time.

Name: Despite storage and maintenance costs, most companies find it profitable to hold inventory for long periods of time.
Brand: Quizplus
Rating: 4.9 (32 reviews)

Question

Quizplus · Accepted Answer

Holding inventory for long periods can lead to increased costs (such as storage, insurance, and potential obsolescence) which can outweigh the benefits, making it generally unprofitable for most companies.

Despite Storage and Maintenance Costs, Most Companies Find It Profitable