Inventory Management MCQs

This type of loss is connected with both input and output

April 28, 2022

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This type of loss is connected with both input and output

Q. This type of loss is connected with both input and output:

A. Waste

B. Scarp

C. Defectives

D. All of the above

Answer: Waste

This type of loss is connected with both input and output

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In which of the following methods, material issues are priced at a predetermined rate?

This type of loss is connected with both input and output

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The rate per kg of material P, Q, R & S are respectively ₹ 12,₹ 15,₹ 18 & ₹ 21. The input-output ratios of the material are 140%, 130%, 120% & 110% respectively. The most economical material for production is

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