Inventory Management MCQs

When materials are delivered, a supplier’s carrier will usually provide a document called to confirm the details of delivery

April 29, 2022

34 Views

When materials are delivered, a supplier’s carrier will usually provide a document called to confirm the details of delivery

Q. When materials are delivered, a supplier’s carrier will usually provide a document called to confirm the details of delivery

A. Material Transfer Note

B. Materials Inspection Note

C. Delivery Note

D. Purchase Requisition

Answer: Delivery Note

When materials are delivered, a supplier’s carrier will usually provide a document called to confirm the details of delivery

Previous

UP’s Agra becomes first city to have vacuum-based sewer systems

When materials are delivered, a supplier’s carrier will usually provide a document called to confirm the details of delivery

Next

If small quantities of direct material used in the end product like gums and threads are used in binding books then it may be categorized 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