Inventory Management MCQs

If the minimum stock level and average stock level of raw material ‘A’ are 4,000 & 9,000 emits respectively, what is its reorder quantity

April 27, 2022

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If the minimum stock level and average stock level of raw material ‘A’ are 4,000 & 9,000

Q. If the minimum stock level and average stock level of raw material ‘A’ are 4,000 & 9,000 emits respectively, what is its reorder quantity

A. 8,000 units

B. 11,000 units

C. 10,000 units

D. 9,000 units

Answer: 10,000 units

If the minimum stock level and average stock level of raw material ‘A’ are 4,000 & 9,000 emits respectively, what is its reorder quantity

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A company manufactures 5,000 units of a product per month. The cost of placing an order is ₹ 100. The purchase price of the raw material is ₹ 10 per kg. The average consumption of raw material is 275 kg per week. The carrying cost of inventory is 20% per annum. The economic order quantity is___

If the minimum stock level and average stock level of raw material ‘A’ are 4,000 & 9,000 emits respectively, what is its reorder quantity

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