Inventory holding costs would include which of the following?

A) Transportation cost
B) Buyer time
C) Obsolescence cost
D) Receiving cost

Answer: C

Business

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Cripe Corporation maintains ending inventory for each month at 5% of the following month's sales. It predicted the following sales (in units) for the first four months of the coming year: JanuaryFebruaryMarchAprilSales (units)3,4003,8004,4004,200 How many units should be produced in March?

What will be an ideal response?

Business

According to the hierarchy of effects model, after preference comes:

A) the actual purchase B) recognition C) knowledge D) conviction

Business