Among Different Types of Costs Associated with Inventory, the Opportunity

question 34

Multiple Choice

Among different types of costs associated with inventory, the opportunity cost of the investment tied up in inventory is a(n) ________.

• A) purchasing cost
• B) ordering cost
• C) stockout cost
• D) carrying cost

---

Definitions:

Phantom Limb

A phenomenon where individuals feel sensations, including pain, in a limb or a part of a limb that has been amputated.

Pain Relief

Methods or substances used to reduce or eliminate pain.

Sensations

The way our nervous system and sensory receptors capture and convey energies stemming from stimuli in our surroundings.

Hypnosis

A trance-like state of focus and concentration achieved with the help of a therapist, used for therapeutic purposes.