Inventory Management MCQs

The most suitable inventory control technique for spare parts is

April 28, 2022

7 Views

The most suitable inventory control technique for spare parts is

Q. The most suitable inventory control technique for spare parts is:

A. ABC analysis

B. VED analysis

C. JIT analysis

D. Control ratios

Answer: VED analysis

The most suitable inventory control technique for spare parts is

Previous

During the time of inflation, the method of pricing of material issue which leads to a lower material cost for a job is

The most suitable inventory control technique for spare parts is

Next

Which of the following is not a cost price method of pricing material issues?

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.