Which of the Following Is Not Considered a Significant Inventory

question 45

Multiple Choice

Which of the following is not considered a significant inventory cost?

• A)cost of production labor
• B)purchase cost
• C)cost of stockouts
• D)cost of carrying an item
• E)cost of ordering

---

Definitions:

Slope

The calculation of how steep or inclined a line is, determined by the ratio of its vertical shift to its horizontal shift between any two points on the line.

Inequality

A mathematical statement that uses inequality signs to compare two expressions, indicating that they are not equal and one has a greater or lesser value than the other.

Linear Inequality

An inequality that involves a linear function, represented by a linear equation but with inequalities like <, >, ≤, or ≥ instead of an equals sign.

Linear Inequality

An algebraic inequality in which each term is either a constant or the product of a constant and a single variable.