DESCRIPTIVE QUESTIONS
- Explain the benefits and cost of maintaining inventory.
- Explain the purpose and nature of ABC analysis.
- What is EOQ? How is it determined when demand is known?
- Does EOQ change with quantity discounts, and when demand is uncertain?
- How is the re-order point determined?
- What is safety level of stock? How is it computed?
- Write a note on the JIT inventory system.
Get Fundamentals of Financial Management, Third Edition now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
