Retail Organizations Inventory Management MCQs Quiz Online PDF Book Download

Retail organizations inventory management MCQs, retail organizations inventory management quiz answers to learn online accounting courses. Learn inventory management, just in time and costing methods multiple choice questions (MCQs), retail organizations inventory management quiz questions and answers. Career assessment test on inventory management system, retail organizations: inventory management test prep for accounting certifications.

Practice inventory management, just in time and costing methods test MCQs: which of following is an example of purchasing costs, with choices incoming freight, storage costs, insurance, and spoilage for online degree in accounting and finance. Prepare assessment test for scholarships, learning online retail organizations inventory management quiz questions for competitive assessment in business majors for finance certifications. Retail Organizations: Inventory Management Video

MCQ on Retail Organizations Inventory ManagementQuiz Book Download

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

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

C

MCQ: If 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 economic order quantity will be

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

B

MCQ: 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: 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 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