Asked by
Jakub Konstanty
on Oct 23, 2024Verified
An example of an ordering cost is:
A) security.
B) time spent finding suppliers.
C) idle workers.
D) costs of disrupted production.
Ordering Cost
The expenses incurred in placing and receiving orders for materials or products, including paperwork, communication, and transportation costs.
Idle Workers
Employees who are not actively engaged in production or work due to lacking assignments or efficiency breakdowns.
Disrupted Production
Interruptions or disturbances in the normal manufacturing or production process.
- Identify and categorize different kinds of costs related to inventory management.
Verified Answer
IK
Learning Objectives
- Identify and categorize different kinds of costs related to inventory management.