It is said that, "Uncontrolled inventory can lead to huge costs for a manufacturing operation." Identify and discuss the four costs associated with...

It is said that, “Uncontrolled inventory can lead to huge costs for a manufacturing operation.” Identify and discuss the four costs associated with maintaining an inventory.Of these four costs, determine which appears to be most controllable by any organization.

1 7990283The four costs are: 1) ordering cost includes cost of preparing the orders and cost beared by theorganization in receiving the goods ordered. 2)Setup cost includes costs incurred by the...