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The cost of obsolescence is the loss incurred when inventory becomes obsolete due to product design, changing customer demand, or simply remains unsold for an
The cost of obsolescence is the loss incurred when inventory becomes obsolete due to product design, changing customer demand, or simply remains unsold for an extended period of time. This cost would be best associated with which type of inventory cost? A. ordering cost B. carrying cost C. quality cost D. stockout cost
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