Inventory Carrying Costs

question 21

Multiple Choice

Inventory carrying costs:

• A)include the costs of generating memos, fax transmissions, etc. associated with placing an order with a supplier.
• B)generally increase in proportion to the average amount of inventory held.
• C)are fixed regardless of the average size of the inventory.
• D)are equal to the sum of total inventory costs and total ordering costs.
• E)are at maximum when a firm's order is equal to optimal quantity.

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Definitions:

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