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What are the types of Inventory cost? Explain the elements of inventory cost also.
Types:
1. Ordering cost
2. Holding cost Elements:
1. Unit cost
2. Reordering cost
3. Carrying cost
4. Shortage cost
Question : (a) Lucky Corporation is considering an investment in one of the two mutually exclusive proposals: Project A which involves an initial outlay of Rs 170,000 and Proj
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