Test on Material Management
Test on Material Management
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Question 1 of 20
1. Question
State the full form : T.C.O
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Question 2 of 20
2. Question
State the full form : V.E.D
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Question 3 of 20
3. Question
State the full form : T.O.P
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Question 4 of 20
4. Question
State the full form : C.I.F
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Question 5 of 20
5. Question
State the full form : F.O.R
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Question 6 of 20
6. Question
ABC analysis is stock value analysis
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Question 7 of 20
7. Question
ROI can be maximized by lowering the inventory holding
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Question 8 of 20
8. Question
Inventory is always expressed in absolute terms i.e in Rupee or MT/Cu. mtr etc
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Question 9 of 20
9. Question
Inventory turn over can be improved by higher productivity
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Question 10 of 20
10. Question
VED analysis is recommended for spare parts inventory
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Question 11 of 20
11. Question
The elements of Internal Business cost are
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Question 12 of 20
12. Question
Inventory is carried for
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Question 13 of 20
13. Question
Factors determine inventory
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Question 14 of 20
14. Question
Lead time is generally
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Question 15 of 20
15. Question
Vendor development is done in
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Question 16 of 20
16. Question
During vendor development in experience stage buyer evaluates the vendor on two major counts i.e
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&
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Question 17 of 20
17. Question
Vendor rating is done based on quality factor,
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factor, price factor and factor.
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Question 18 of 20
18. Question
Inventory carrying cost comprises
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cost, cost, taxes payable, obsolescence, loses, rental, labour cost etc.
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Question 19 of 20
19. Question
Life cycle cost is dependent on
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, tolerance, statutory taxes, , and R&D.
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Question 20 of 20
20. Question
Material cost is divided in two basis segments which are
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Material cost is divided in two basis segments which are and .
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