Which of the Following Is an Element of Inventory Holding

question 153

Multiple Choice

Which of the following is an element of inventory holding costs?

• A)housing costs
• B)material handling costs
• C)investment costs
• D)pilferage,scrap,and obsolescence
• E)All of the above are elements of inventory holding costs.

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Definitions:

Future Requirements

The anticipated needs or conditions that an organization must prepare for to ensure future success and sustainability.

Personnel

Employees or staff members of an organization, often referred to in the context of human resource management.

Supply Forecasting

The process of determining the source or sources of human capital to satisfy the organization's demand.

Human Capital

The collective skills, knowledge, and abilities of an organization's workforce that contribute to its economic value.