Risk costs. The risks in carrying inventory are: a. Obsolescence; loss of product value resulting from a

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Risk costs. The risks in carrying inventory are:

a. Obsolescence; loss of product value resulting from a model or style change or technological development.

b. Damage; inventory damaged while being held or moved.

c. Pilferage; goods lost, strayed, or stolen.

d. Deterioration; inventory that rots or dissipates in storage or whose shelf life is limited?  LO.1

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Introduction To Materials Management

ISBN: 9780132337618

6th Edition

Authors: J. R. Tony Arnold, Chapman, Stephen N., Lloyd M. Clive

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