Home » Which one out of the following is not an inventory valuation method? Inventory Management MCQs Which one out of the following is not an inventory valuation method? April 29, 2022 3 Views Q. Which one out of the following is not an inventory valuation method? A. FIFO B. LIFO C. Weighted Average D. EOQ Answer: EOQ
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. 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 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 ?