Which of the Following Factors Is Not Included in Ordering

question 70

Multiple Choice

Which of the following factors is not included in ordering cost?

• A)bill paying
• B)obsolescence
• C)purchasing department overhead costs
• D)inspecting incoming inventory

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Definitions:

Operations Management

The administration of business practices aimed at ensuring maximum efficiency within a company, focusing on managing processes, materials, and resources.

Top Executives

Senior-level managers who are responsible for directing the operations and formulating policies of an organization.

Productivity

The efficiency at which individuals, companies, or industries produce goods or services, usually measured in terms of output per unit of input.

Competitive Advantage

The attribute(s) or condition(s) that enables a company to outperform its competitors, such as cost structure, product quality, brand, or customer service.