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    Cornerstones of Cost Management Study Set 3
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    Exam 20: Inventory Management: Economic Order Quantity, Jit, and the Theory of Constraints
  5. Question
    Ordering Costs Are Costs of Placing and Receiving an Order
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Ordering Costs Are Costs of Placing and Receiving an Order

Question 109

Question 109

True/False

Ordering costs are costs of placing and receiving an order and setup costs are the costs of getting equipment and facilities to produce products.

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