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FALSE: The inverse is true
INVENTORY TURNOVER = Cost of Goods Sold / Average Inventory Cost
As such high holding costs will favor lower inventory levels
and low holding costs will favor high inventory levels.
False. High holding costs will not favor inventory level to climb up
False ,
I agree with Mr.Abdou warshan
Answer FALSE ????????????????????????
False
Holding (or carrying) costs. This broad category includes the costs for storage facilities, handling, insurance, pilferage, breakage, obsolescence, depreciation, taxes, and the opportunity cost of capital. Obviously, high holding costs tend to favor low inventory levels and frequent replenishment.
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