The overall objective of inventory control is, therefore, to maintain inventory levels so that the total of the ______________ costs is minimised.

Q. The overall objective of inventory control is, therefore, to maintain inventory levels so that the total of the ______________ costs is minimised.

A.            Holding costs

B.            Ordering costs

C.            Stockout costs

D.            Only A&B

E.            All of the above

Answer: All of the above

Take Mock Tests

Government Schemes Mock Test Start Test!
Political Science Mock Test – 42 Start Test
History Test – 190 Start Test
Quantitative Aptitude Test Start Test!
Data Interpretation - Mock Test Start Test!
General Awareness - Mock Test Start Test!
Reasoning Ability - Mock Test Start Test!

We will be happy to hear your thoughts

Leave a reply

Gkseries.com
Logo
Register New Account