A. 14000 units
B. 14500 units
C. 15000 units
D. 15500 units
0
The costs of issuing purchase orders, making of delivery records for tracking payments and costs of inspection of items are classified as _____________?
0
Buying of goods or materials for production in a way that they are delivered directly on the manufacturing facility of company is called ____________?
A. stock-out costs
B. ordering costs
C. carrying costs
D. purchasing costs
0
If the required rate of return is 12% and the per unit cost of units purchased is $35, then the relevant opportunity cost of capital will be ____________?
A. economic order quantity purchasing
B. annual purchasing
C. just in time purchasing
D. both a and b
0
The decision model to calculate optimal quantity of inventory to be ordered is called ____________?
A. $6.20
B. $7.20
C. $4.20
D. $5.20
0
If the economic order quantity for one year is 15000 packages and demand in units for one year are 1500 units, then number of deliveries in a year will be ____________?
A. efficient order quantity
B. economic order quantity
C. rational order quantity
D. optimized order quantity
0
A push through system, according to which goods are manufactured for finished inventory solely, on the basis of forecasted demand can be classified as ___________?
A. 16
B. 12
C. 10
D. 14
0
An example of shrinkage costs is _____________?
A. in-time production
B. materials requirement planning
C. on-time production
D. pull strategy of production
0
If the relevant opportunity cost of capital is $2950 and the relevant carrying cost of inventory is $6700, then the relevant incremental cost will be _____________?
A. incoming freight
B. storage costs
C. insurance
D. clerical errors
0
The costs associated with storage of finished goods such as spoilage, obsolescence and insurance of goods are classified as ___________?
A. $9,650
B. $2,350
C. $3,750
D. $2,750
Download App