Inventory Management MCQs

The objective of maximising conflicts with minimising in inventory

April 28, 2022

152 Views

The objective of maximising ____ conflicts with minimising ____ in inventory

Q. The objective of maximising conflicts with minimising in inventory.

A. Purchase, investment

B. Production, cost-efficiency

C. Profit, negative cash flow

D. Storage capacity, loss

Answer: Purchase, investment

The objective of maximising ____ conflicts with minimising ____ in inventory

Previous

Identify the measure taken to deal with the issues relating to not having the right item at the right place at the right time

The objective of maximising ____ conflicts with minimising ____ in inventory

Next

By finding out the number of times a company places orders one can calculate its____

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.