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Author Question: The ________ of inventories is the level at which the extra cost of adding to inventory is equal to ... (Read 38 times)

Alainaaa8

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Question 1

At the beginning of 2017, the Absorbo Company has 10,000 sponges in stock. During 2017, the company produces 200,000 sponges and sells 160,000 sponges. The Absorbo Company's stock of inventory at the end of 2017 is ________ sponges.


◦ 25,000
◦ 30,000
◦ 40,000
◦ 50,000

Question 2

The ________ of inventories is the level at which the extra cost of adding to inventory is equal to the extra gain from such addition.


◦ cost-maximizing level
◦ minimum level
◦ desired level
◦ maximum level


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Marked as best answer by Alainaaa8 on Apr 19, 2019

AISCAMPING

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