When thinking about inventory holding costs,remember that the greater the quantity ordered,the greater the inventory carrying costs.

Name: When thinking about inventory holding costs,remember that the greater the quantity ordered,the greater the inventory carrying costs.
Brand: Quizplus
Rating: 4.7 (38 reviews)

Question

Quizplus · Accepted Answer

This statement is true. Inventory holding costs include expenses such as storage, insurance, and handling. The more inventory a company holds, the higher the costs associated with these expenses.

When Thinking About Inventory Holding Costs,remember That the Greater the Quantity