Study guides, Class notes & Summaries

Question 1 2 out of 2 points ________ is one of the elements of the total inventory costs. A) Demand B) Set-up costs C) Standing costs D) Safety stock Question 2 2 out of 2 points "F.O.B. seller" means that: A) title passes to the buyer when the seller delivers the goods to the buyer. B) risk of loss transfers to the buyer when the seller delivers the goods to the carrier. C) the seller pays all shipping and transportation costs. D) the buyer has both title and risk of loss as soon as the goods ...