Holding or Carrying Costs Include the Costs Of

question 22

Multiple Choice

Holding or carrying costs include the costs of:

• A)ordering materials and inventory.
• B)receiving and inspecting items and all administrative costs.
• C)insurance,taxes,depreciation,etc.
• D)processing a purchase order.

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Definitions:

Instrumentation

The science and practice of measurement and control of process variables within a production, laboratory, or manufacturing area.

Pushbutton Interlocking

A control system feature that prevents the actuation of a device until certain conditions are met, often using pushbuttons for initiation.

Electrical Interlocking Circuit

A safety mechanism in electrical engineering designed to prevent dangerous combinations of actions by controlling the sequence of operations.