___is a value-based system of inventory control, in which materials are analyzed according to their value so that costly and more valuable materials are given greater attention
READ MORE +Inventory Management MCQs
Which of the following is not correct for the calculation of the re-ordering level of inventory?
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Which of the following is not a cost price method of pricing material issues?
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The most suitable inventory control technique for spare parts is
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During the time of inflation, the method of pricing of material issue which leads to a lower material cost for a job is
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If the annual carrying cost of Material Z is ₹ 4 per unit and its total carrying cost is ₹ 12,000 p.a., the economic order quantity of material is:
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Decision regarding the centralized purchase of material has to be taken on the basis of
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The rate per kg of material P, Q, R & S are respectively ₹ 12,₹ 15,₹ 18 & ₹ 21. The input-output ratios of the material are 140%, 130%, 120% & 110% respectively. The most economical material for production is
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This type of loss is connected with both input and output
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In which of the following methods, material issues are priced at a predetermined rate?
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Which of the following does not normally appear on a material requisition form?
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Which of the following difference in material stock adjusted by considering as part of the material cost?
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