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What role does underage cost play in inventory simulation? It represents the cost of storing excess inventory. It is the lost gross margin from being
What role does "underage cost" play in inventory simulation? It represents the cost of storing excess inventory. It is the lost gross margin from being short on inventory. It accounts for the cost of expedited shipping to restock. It is a penalty paid to suppliers for underordering
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Introductory Financial Accounting For Business
Authors: Thomas Edmonds, Christopher Edmonds, Mark Edmonds, Jennifer Edmonds, Philip Olds
2nd Edition
1260575306, 978-1260575309
