Inventory Management MCQs

Decision regarding the centralized purchase of material has to be taken on the basis of

April 28, 2022

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Decision regarding the centralized purchase of material has to be taken on the basis of

Q. Decision regarding the centralized purchase of material has to be taken on the basis of:

A. Geographical separation of plant

B. Homogeneity of products

C. Type of material to be purchased

D. All of the above

Answer: All of the above

Decision regarding the centralized purchase of material has to be taken on the basis of

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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

Decision regarding the centralized purchase of material has to be taken on the basis of

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If the annual carrying cost of Material Z is ₹ 4 per unit and its total carrying cost is ₹ 12,000 p.a., the economic order quantity of material is:

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