Which category of inventory holding costs has a much higher percentage than average for rapid-change industries such as PCs and cell phones?
A)housing costs
B)material handling costs
C)labor cost
D)investment costs
E)pilferage,scrap,and obsolescence

Question

Quizplus · Accepted Answer

Pilferage, scrap, and obsolescence costs are much higher in rapid-change industries such as PCs and cell phones. As technology advances quickly, products become obsolete faster than in other industries, resulting in a greater risk of pilferage, scrap, and obsolescence.

Which Category of Inventory Holding Costs Has a Much Higher