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Of which field is Hugo Munsterberg often considered the founder?
Carrying Cost
The total cost of holding inventory, including storage, depreciation, obsolescence, and insurance.
Storage Costs
Expenses associated with storing a company's products or materials until they are needed or sold.
Insurance and Taxes
Mandatory expenses that include payments for risk coverage policies and contributions to state and federal governmental bodies.
Restocking Costs
Expenses associated with replenishing inventory, including purchase, delivery, and storage costs.
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