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While calculating landed cost what does TCO stand for?

A. Total Cost Of Ownership B. Take Cost Out C. Test & Checkout D. Triple Capacity Option Choose the correct answer and please explain why you choose it

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Question added by Muhammad Salman Ali Khan , Procurement And Logistics Supervisor , Magnolia RM Investments L.L.C.
Date Posted: 2016/12/29
Terrence Walmsley
by Terrence Walmsley , Owner , The Awesome Group of Companies

A. All costs relating to a transaction need to be applied to ensure that the sale price is profitable and that the business has a true understanding on what flexibility can be applied in a competitive market. Costs include purchase, warehousing and the direct costs in getting into the warehouse. This should also include the warehousing management components.

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