Quiz Logistics 6(l&d)

How many type of inventory?

• 3

• 5

• 2

• 4

Is not the main cost of inventory?

• Holding cost.

• Setting cost

• Purchase cost

• Sending cost

Synonym of Purchase cost:

• Unit cost

• Setting cost

• Holding cost

• Ordering cost

Synonym of holding cost:

• Ordering cost

• Setting cost

• Unit cost

• Carrying cost

How many type inventory ordering model?

• 3

• 5

• 6

• 2

Is not type inventory ordering model?

• EOQ

• POQ

• Quantity discount model

• ABC

EOQ is more accurate than POQ?

• True

• False

In EOQ, the demand is constant and known.

• True

• False

POQ is more accurate that Quantity discount model?

• True

• False

EOQ is more accurate that Quantity discount model?

• True

• False