To achieve ____ in purchasing and transportation, goods may be purchased in larger quantities than the actual demand
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Smoke, dust, gases, and loss of weight due to seasoning are examples of
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Which of the following is the objective of inventory management?
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During the time of inflation, which method of pricing of material issues leads to higher material costs for a job?
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V Ltd. is the manufacturer of picture tubes for TV, The following are details of their operation. Minimum usages 50 tubes per week, Maximum usages 200 tubes per week; Normal usages 100 tubes per week; lead time to supply 4-6 weeks; and Re-order quantity 400tubes. What would be the maximum and ...
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The monthly requirement of a component is 4,000 units. The cost per order is ₹ 1,000 and the carrying cost per unit per annum is ₹ 24. The Economic Ordering Quantity is
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Which of the following documents records the quantity and value of the material?
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___ method of pricing of material issues is not popular as it always undervalues the stock and leads to the creation of the secret reserve
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If annual total carrying cost, per unit carrying cost, and cost per order is 7 15,000, 7 10 & 7 150 respectively, then Economic Order Quantity will be:
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If the Minimum Stock Level is 2,500 units, Normal Consumption is 150 units, Maximum Re-order Period is 10 days and Normal Re-order Period is 8 days, then Reorder Level will be
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If EOQ is 200 units, ordering cost is ₹ 20per order and total purchases are 4,000 units. The carrying cost per unit will be
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In the technique of inventory control, quantities in the hand of each item or class of stock are reviewed periodically say 30, 45, or 60 days
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