Which of the following is NOT a major factor affecting the degree of activity needed with each asset?

The total cost of the asset is not typically considered a major factor affecting the degree of activity needed with each asset. Instead, factors like the type of item, the type of storage provided, and the anticipated length of time the item will be in storage are much more directly tied to how an asset is managed and handled within the supply chain.

For instance, the type of item influences its handling and storage requirements; different items may require specific environmental controls or handling procedures. The type of storage provided also impacts how assets are organized, accessed, and maintained—certain items might need climate-controlled storage, while others can be stored in less specialized conditions. Additionally, understanding the anticipated length of time an item will be in storage allows for planning regarding inventory turnover, holding costs, and potential obsolescence.

In contrast, while the total cost of the asset can inform overall budget decisions and financial planning, it does not dictate the operational actions needed for asset management in the same way that the other factors do.