What Is the Formula to Calculate Total Carrying Cost

question 10

Multiple Choice

What is the formula to calculate total carrying cost?

• A) number of orders per year/cost of placing an order
• B) number of orders per year × cost of placing an order
• C) average number of units in inventory / cost of carrying one unit in inventory
• D) average number of units in inventory × cost of carrying one unit in inventory

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Definitions:

Cross-Sectional

Involving or relating to analysis, study, or observation of subjects from various segments or groups at a single point in time.

Longitudinal

Involving repeated observations or measurements of the same entities over a period of time, allowing for the study of changes or developments.

Time-Lag

The delay or period of time between two related events or processes.

Ethnic Minority Research

Studies focusing on the social, cultural, and psychological aspects of ethnic groups that are smaller in number within a larger community or society.