What Is the Term for the Cost of Holding Inventory

question 37

Multiple Choice

What is the term for the cost of holding inventory?

• A)ordering cost
• B)setup cost
• C)stock-out cost
• D)carrying cost

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Definitions:

Literature Review

A comprehensive overview of existing research and publications on a specific topic.

Data Analysis

The process of systematically applying statistical and/or logical techniques to describe, illustrate, condense, recap, and evaluate data.

Narrative Literature Review

A comprehensive synthesis of previous research on a topic, presented in a narrative format that highlights trends, findings, and gaps in the literature.

Subjective Impressions

Perceptions or opinions that are based on personal feelings or beliefs rather than objective evidence.