1. Inventory consisting of fashionable merchandise has high__________ risk. 2. _____________refers to the cost of holding inventory. 3. As the order size increases, carrying cost _____________and...

1. Inventory consisting of fashionable merchandise has high__________ risk.

2. _____________refers to the cost of holding inventory.

3. As the order size increases, carrying cost _____________and ordering cost____________ .

4. The optimum amount to order each time is referred to as the____________ .

5. The optimum inventory level requiring a reorder of goods is referred to as the__________ .

6. The method requires that greater control be exercised over higher-valued merchandise.