If we are ordering materials from an outside vendor, then the total inventory-related cost on an annual basis is given by the sum of ______.
A. total annual ordering cost, total annual holding cost, total annual stock-out cost, total annual materials purchase cost
B. total annual setup cost, total annual holding cost, total annual stock-out cost, total annual materials purchase cost
C. total annual ordering cost, total annual holding cost, total annual safety stock cost, total annual materials purchase cost
D. total annual setup cost, total annual holding cost, total annual safety stock cost, total annual materials purchase cost
A. total annual ordering cost, total annual holding cost, total annual stock-out cost, total annual materials purchase cost
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What will be an ideal response?