Inventory Management MCQs

………… indicates the level of each particular item of stock at any point of time

April 29, 2022

104 Views

………… indicates the level of each particular item of stock at any point of time

Q. ………… indicates the level of each particular item of stock at any point of time.

A. Bill of Material

B. Material Requisition Note

C. A bin card

D. All of the above

Answer: A bin card

………… indicates the level of each particular item of stock at any point of time

Previous

Which of the following statement is correct in relation to “need for proper inventory control”?

………… indicates the level of each particular item of stock at any point of time

Next

Inventory held for sale in the ordinary course of business is known 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

You must be logged in to post a comment.