Mastering Inventory Management
6 Questions
3 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which of the following is NOT a goal of material management system?

  • Optimum inventory turnover (correct)
  • Good vendor relationship
  • Material cost control
  • Optimum material purchase
  • What is the aim of inventory management?

  • Available whenever required
  • Easily retrievable
  • Proper storage
  • To develop a system that ensures right quality of stock at all times (correct)
  • Which functional area is NOT part of material management?

  • Central service supply
  • Dietary requirements (correct)
  • Central stores
  • Purchasing
  • Which of the following is NOT a primary inventory objective?

    <p>Proper storage</p> Signup and view all the answers

    What is the aim of inventory management?

    <p>To develop a system that ensures right quality of stock at all times</p> Signup and view all the answers

    Which of the following is NOT a characteristic of a good information system in inventory management?

    <p>Proper storage</p> Signup and view all the answers

    More Like This

    Defects in MRP System
    12 questions

    Defects in MRP System

    RightfulMercury avatar
    RightfulMercury
    Biaya Bahan Baku dan Sistem Pembelian
    37 questions
    Construction Material Management Quiz
    42 questions
    Use Quizgecko on...
    Browser
    Browser