A supermarket calculates that the average holding cost for an item is $1.

CIPS L4M7 Question Answer

A supermarket calculates that the average holding cost for an item is $1.50 per cubic meter per day. A beer pallet which has volume of 0.5 cubic meter will be stored for 5 days. What is the holding cost of this beer pallet?

$4.00

$4.50

$4.25

$3.75

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Product: L4M7
Update on: Jul 30, 2025
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A supermarket calculates that the average holding cost for an item is $1.

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Explanation:

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