Mechanical Engineering Exam > Mechanical Engineering Tests > Topicwise Question Bank for Mechanical Engineering > Test: Inventory Control - 2 - Mechanical Engineering MCQ
Test: Inventory Control - 2 - Mechanical Engineering MCQ
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10 Questions MCQ Test Topicwise Question Bank for Mechanical Engineering - Test: Inventory Control - 2
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Test: Inventory Control - 2 - Question 1
One of the important reasons for carrying inventory is to
Test: Inventory Control - 2 - Question 2
A shop owner with an annual constant demand of ‘H' units has ordering costs of Rs. ‘CO’ per order and carrying costs Rs, ‘CC’ per unit per year. The economic order quantity for a purchasing model having no shortage may be determined from
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Test: Inventory Control - 2 - Question 3
Which of the following is not a part of inventory Carrying Cost?
Test: Inventory Control - 2 - Question 5
In the basic EOQ model, if demand is ₹60 per month, ordering cost is ₹12 per order, holding cost is ₹10 per unit per month, what is the EOQ?
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Test: Inventory Control - 2 - Question 8
In ABC analysis, the following is true for ‘C ’ items:
Test: Inventory Control - 2 - Question 9
Which one of the following statements about PRS (Periodic Reordering System) in not true?
Test: Inventory Control - 2 - Question 10
An item can be purchased for ₹100. The ordering cost is ₹200 and the inventory carrying cost is 10% of the item cost per annum. If the annual demand is 4000 units, the economic order quantity (in units) is
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