Which of These Is Not a Cost of Holding Insufficient

question 32

Multiple Choice

Which of these is not a cost of holding insufficient levels of inventory?

• A) lost production because of shortages of raw materials
• B) loss of sales
• C) high transportation costs on rush deliveries of inventory
• D) extra inventory storage costs

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Definitions:

Worker Interests

Worker interests encompass the economic, social, and professional needs and priorities of employees, including fair wages, safe working conditions, and job security.

Enterprise Contract

A contractual agreement between businesses, or between a business and an individual, that typically involves provision of goods or services.

Business Decision Making

The process by which business leaders and managers choose among alternative strategies or actions to achieve organizational goals.

Justice for Janitors

A social movement and union campaign initiated by the Service Employees International Union (SEIU) focused on improving wages, benefits, and working conditions for janitors through collective bargaining.