Inventory Management MCQs

If an average inventory is 2000 units and annual relevant carrying cost of each unit is $5 then annual relevant carrying cost will be

April 27, 2022

48 Views

If an average inventory is 2000 units and annual relevant carrying cost of each unit is $5 then annual relevant carrying cost will be

Q. If an average inventory is 2000 units and annual relevant carrying cost of each unit is $5 then annual relevant carrying cost will be

A. $5,000

B. $4,500

C. $5,500

D. $6,000

Answer: $5,000

If an average inventory is 2000 units and annual relevant carrying cost of each unit is $5 then annual relevant carrying cost will be

Previous

An example of purchasing costs include

If an average inventory is 2000 units and annual relevant carrying cost of each unit is $5 then annual relevant carrying cost will be

Next

Method of costing that supports creation of value for customer by accounting whole value stream rather than individual departments or products is classified as

Related Articles

A publishing house purchases 2,000 units of a particular item per year at a unit cost of ₹ 20

A publishing house purchases 2,000 units of a particular item per year at a unit cost of ₹ 20. The ordering cost per order is ₹ 50 and the inventory carrying cost is 25%. How will be the total cost if company decides to buy in EOQ?

A manufacturer requires 9,600 units of a certain component annually

A manufacturer requires 9,600 units of a certain component annually. This is currently purchased from a regular supplier at ₹ 50 per unit. The cost of placing an order is ₹ 60 per order and the annual carrying cost is ₹ 5 per price. Annual ordering plus carrying cost = ?

The annual demand of a certain component bought from the market is 1,000 units

The annual demand of a certain component bought from the market is 1,000 units. The cost of placing an order is ₹ 60 and the carrying cost per unit is ₹ 3 p.a. The Economic Order Quantity for the item is ?

Cost of abnormal wastage is

Cost of abnormal wastage is

We will be happy to hear your thoughts

Leave a reply Cancel reply