Idis 343 exam 2 solved Study guides, Class notes & Summaries
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IDIS 343 Exam 2- Solved
- Exam (elaborations) • 8 pages • 2024
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IDIS 343 Exam 2- Solved
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IDIS 343 Exam 2 Latest Update Graded A+
- Exam (elaborations) • 20 pages • 2024
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IDIS 343 Exam 2 Latest Update 
 
Graded A+ 
 
Carrying Cost cost for carrying inventory over time 
 
the primary cost is the cost of money tied up in inventory, but also includes obsolescence, 
insurance, personal property taxes, and storage costs 
 
Procurement Costs cost of preparing the order, order transmission, production setup, 
materials handling/ processing at the receiving dock 
 
price of goods 
 
Out-of-stock Costs include lost sales cost & backorder cost 
 
Lost Sales Cost profit imm...
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