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holding costs

(Dictionary)

Author:
Harold Averkamp, CPA, MBA

Definition

In the EOQ model, the holding costs are the incremental costs of storing or holding an item in inventory for one year.

Dictionary

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About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

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