Examlex
For a manufacturing business, which of the following would be considered a product cost?
High Level
Pertaining to a broad, general approach or overview, often referring to decisions or strategies that are made at the upper echelons of an organization.
Large Inventories
Holding significant amounts of stock to handle demand fluctuations, reduce reorder frequency, or ensure product availability.
Supply Chain Costs
The total expenses incurred in the operation of a supply chain, including production, storage, transportation, and distribution costs.
Tailored Postponement
A supply chain strategy that involves delaying the final stages of production or customization of a product until customer demand is better understood.
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