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27-12-2022
Business

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The actual inventory holding cost incurred by an item depends on how long it actually spends in inventory. True or False ? Explain.
Inventory Holding Costs
Inventory Holding Costs are the costs that businesses have associated with storing inventory. They include the cost of financing, insuring, risk of loss and obsolescence, space used, logistics, handling, depreciation. It is important for companies to know their inventory holding costs so they can optimize it and make informed business decissions.

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