MRP glossary TOP > C > Cost Approach
Cost Approach
It is a method to evaluate inventory assets, and in this method the assets are evaluated by the price of purchased parts (acquisition cost). It has following eight types:
Related term: Lower of Cost or Market
![mrp_082-1.jpg](http://www.asprova.jp/mrp/glossary/en/assets_c/2011/09/mrp_082-1-thumb-467x297-1013.jpg)
Related term: Lower of Cost or Market
Reference:JIT Business Research Mr. Hirano Hiroyuki