The combined costs of physical possession and ownership in a channel system are known as ________ costs.
A) inventory holding
B) service output
C) safety stock
D) consignment
E) promotion

Question

Quizplus · Accepted Answer

Inventory holding costs include the costs of physically possessing and owning products in a channel system, including storage, handling, insurance, and taxes. Service output, safety stock, consignment, and promotion costs are not the same as inventory holding costs.

The Combined Costs of Physical Possession and Ownership in a Channel