Which of the following is not an ordering cost?

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cost of the merchandise ordered

cost of preparing the order

cost of receiving inventory

cost of storing the inventory

The cost of receiving inventory is regarded as

1/1

a cost of not carrying goods in stock.

a carrying cost.

an ordering cost.

a purchasing cost.

In a JIT system, the quality of each product begins with

 *

1/1

a company's vendors.

employees.

inspection of finished goods inventory.

a good product warranty.

JIT is a philosophy concerned with

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how to do something.

when to do something.

where to do something.

how much of something should be don