The cost of holding inventory incurred by the shipper's supply chain network is:
Understand the Problem
The question is asking about the costs associated with holding inventory within a shipper's supply chain network. It requires knowledge of supply chain management and cost analysis to determine which of the provided options represents the primary cost incurred.
Answer
inventory cost
The cost of holding inventory incurred by the shipper's supply chain network is inventory cost.
Answer for screen readers
The cost of holding inventory incurred by the shipper's supply chain network is inventory cost.
More Information
Inventory cost includes all the expenses related to storing and managing inventory, such as warehousing, insurance, and obsolescence.
Tips
A common mistake is confusing inventory costs with transportation costs, which are separate expenses associated with moving goods.
Sources
- Chapter 13 Transportation in a Supply Chain - Answer: FALSE Topic - studocu.com
- Supply chain ch13 test bank - Chapter 13 Transportation ... - Studocu - studocu.com
- [PDF] Chapter 14 of Supply Chain Management - courses.washington.edu
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