Which of the Following Sets of Elements Are the Major

question 80

Multiple Choice

Which of the following sets of elements are the major components of inventory carrying cost?

• A) Capital, storage space, inventory service, transportation
• B) Storage space, inventory service, inventory risk, transportation
• C) Capital, storage space, inventory service, inventory risk
• D) Capital, storage space, inventory service, distribution

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Definitions:

Bid

An offer made by an individual or company to buy a good or service, or to perform a job at a specified price.

Tid

An abbreviation for "ter in die," which is Latin for "three times a day"; commonly used in medical prescriptions to indicate dosing frequency.

Prn

An abbreviation for the Latin phrase "pro re nata," meaning "as the situation demands," often used in medical prescriptions to indicate taking medicine as required.

Intranasal

Administration or action occurring within the nasal passages, often referencing medication delivery.