Which of the following is not included in inventory management?
A)Stockout cost.
B)Purchasing costs.
C)Costs of quality.
D)Shrinkage costs.
E)Personnel costs.

Question

Quizplus · Accepted Answer

Personnel costs are generally considered as part of operating expenses rather than being directly associated with inventory management. Inventory management primarily focuses on the costs directly related to acquiring, holding, and managing inventory, such as purchasing costs, costs of quality, shrinkage costs, and stockout costs. Personnel costs, while important for the overall operation, are not specifically tied to inventory management practices.

Which of the Following Is Not Included in Inventory Management