EOQ is 200 units, ordering cost Rs. 20 per order, and total purchases 4,000 units. The carrying cost per unit will be
EOQ is 200 units, ordering cost Rs. 20 per order, and total purchases 4,000 units. The carrying cost per unit will be
April 2022
In a company, the weekly minimum and maximum consumption of Material-A is 25 and 75 units respectively. The re-order quantity as fixed by the company is 300 units. The material is received within 4 to 6 weeks from the issue of supply order. The maximum level of Material-A is
In a company, the weekly minimum and maximum consumption of Material-A is 25 and 75 units respectively. The re-order quantity as fixed by the company is 300 units. The material is received within 4 to 6 weeks from the issue of supply order. The maximum level of Material-A is
In case of rising prices, the FIFO method will provide
In case of rising prices, the FIFO method will provide
In case of rising prices, the FIFO method will provide Read More »
A company requires 1,500 units, of an item per month. The cost of each unit is Rs. 30. The cost of placing an order is Rs. 200 and the material carrying charges work out to be 20% of the average material. The economic order quantity (EOQ) is
A company requires 1,500 units, of an item per month. The cost of each unit is Rs. 30. The cost of placing an order is Rs. 200 and the material carrying charges work out to be 20% of the average material. The economic order quantity (EOQ) is
Under which of the following inventory control technique, the maximum and minimum level of each stock is laid down
Under which of the following inventory control technique, the maximum and minimum level of each stock is laid down
Bill of material acts as an authorization to the store’s department in procuring the material and all the materials listed on the bill is sent to the
Bill of material acts as an authorization to the store’s department in procuring the material and all the materials listed on the bill is sent to the
ONGC Apprentice Recruitment 2022 – 3614 Apprentice Vacancy
Last Date: 15/05/2022. Oil and Natural Gas Corporation Limited (ONGC) has released an employment notification for the recruitment of 3614 Apprentice vacancy in various trade/ disciplines. ONGC Apprentice Recruitment 2022 Name of post No of posts Apprentice 3614 Sector-wise vacancy: Northern Sector 209 Mumbai Sector 305 Eastern Sector 744 Southern Sector 694 Western Sector 1434 Central Sector 228
ONGC Apprentice Recruitment 2022 – 3614 Apprentice Vacancy Read More »
A store ledger is a record of receipts, issues, and closing balances of material by entering
A store ledger is a record of receipts, issues, and closing balances of material by entering
Which of the following method is based on the assumption that the costliest materials are issued first and inventory is valued at the lowest possible price?
Which of the following method is based on the assumption that the costliest materials are issued first and inventory is valued at the lowest possible price?
Under which of the following inventory control techniques, two piles or bundles are maintained for each item of stock
Under which of the following inventory control techniques, two piles or bundles are maintained for each item of stock