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Retail Organizations Inventory Management MCQs Quiz Online PDF Download eBook

Solve Retail Organizations Inventory Management Multiple Choice Questions (MCQ), retail organizations inventory management quiz answers PDF worksheet, cost accounting practice test for online degree programs. Learn inventory management, just in time and costing methods Multiple Choice Questions and Answers (MCQs), "Retail Organizations Inventory Management" quiz questions and answers for online schools for business management. Learn inventory management, just in time & costing methods test prep for online schools for business administration.

"Which of the following is an example of purchasing costs?" Multiple Choice Questions (MCQ) on retail organizations: inventory management with choices incoming freight, storage costs, insurance, and spoilage for online schools for business management. Practice retail organizations inventory management quiz questions for merit scholarship test and certificate programs for online bachelor degree programs in business administration. Retail Organizations: Inventory Management Video

MCQs on Retail Organizations Inventory Management PDF Download eBook

MCQ: Which of the following is an example of purchasing costs?

  1. incoming freight
  2. storage costs
  3. insurance
  4. spoilage

C

MCQ: If the demand of one year is 25000 units, relevant ordering cost for each purchase order is $210, carrying cost of one unit of stock is $25 then the economic order quantity will be

  1. 678 packages
  2. 648 packages
  3. 658 packages
  4. 668 packages

B

MCQ: The cost of product failure, error prevention and appraisals can be classified under

  1. stocking costs
  2. stock-out costs
  3. costs of quality
  4. shrinkage costs

C

MCQ: The activities related to coordinating, controlling and planning flow of inventory are classified as

  1. decisional management
  2. throughput management
  3. inventory management
  4. manufacturing management

C

MCQ: If the demand in units are 18000, relevant ordering cost for each year is $150 and an order quantity is 1500, then annual relevant ordering cost would be

  1. $200
  2. $190
  3. $160
  4. $180

D