Inventory Management, Just in Time and Costing Methods

A. 14000 units
B. 14500 units
C. 15000 units
D. 15500 units

A. stock-out costs
B. ordering costs
C. carrying costs
D. purchasing costs

A. economic order quantity purchasing
B. annual purchasing
C. just in time purchasing
D. both a and b

A. $6.20
B. $7.20
C. $4.20
D. $5.20

A. efficient order quantity
B. economic order quantity
C. rational order quantity
D. optimized order quantity

A. 16
B. 12
C. 10
D. 14

A. in-time production
B. materials requirement planning
C. on-time production
D. pull strategy of production

A. incoming freight
B. storage costs
C. insurance
D. clerical errors

A. $9,650
B. $2,350
C. $3,750
D. $2,750

A. carrying costs
B. purchasing costs
C. stock-out costs
D. ordering costs