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Inventory Management System MCQ with Answers PDF

Practice Inventory Management System Multiple Choice Questions (MCQ), cost accounting quiz answers PDF with live worksheets for online degrees. Solve inventory management, just in time and costing methods Multiple Choice Questions and Answers (MCQs), Inventory Management System quiz questions and answers for online business administration courses. "Inventory Management System MCQ" PDF Book: retail organizations: inventory management, cost accounts test prep for online colleges for business management.

"The reorder point is divided by number of sold units for per unit of time to calculate" Multiple Choice Questions (MCQ) on inventory management system with choices relevant carrying cost, relevant ordering cost, purchase order lease time, and number of purchase orders for online business administration courses. Learn inventory management system quiz questions for merit scholarship test and certificate programs for online classes for business management degree.

MCQs on Inventory Management System

1.

The reorder point is divided by number of sold units for per unit of time to calculate

relevant carrying cost
relevant ordering cost
purchase order lease time
number of purchase orders

2.

The purchase order lead time is multiplied to the number of units sold per unit of time, to calculate

carrying costs
relevant total costs
economic order quantity
reorder point

3.

If the purchase order lead time is 35 minutes and number of units sold per time is 400 units, then reorder point will be

14000 units
14500 units
15000 units
15500 units
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