B - Exercise for the Inventory Management

(Z)
Total points80/100
 
Prepared by Lufi Yuwana Mursita, S.E., M.Sc. (Accounting Department)

0 of 0 points
NIM *
2019310392

Full Name *
RADEN AJENG DHEA NUR SAFITRI DIPONEGORO
Questions
80 of 100 points
The example of carrying cost is... *
5/5
Sales return
Inventory order
Insurance and taxes
Cash discount

The optimal size of the inventory order is... *

10/10
Equals to total restocking costs
Equals to total carrying costs
The intersection between the line of carrying costs and restocking costs
The intersection between the line of carrying costs and total costs of holding inventory

If the lead time to purchase an inventory is 15 days, while the steady daily usage is
100 items, what should the order quantity be? *
10/10
10 items
15 items
150 items
1,500 items

Total inventory costs equal to... *

10/10
Total carrying costs plus total restocking costs
Total carrying costs times total restocking costs
Total carrying costs minus total restocking costs
Total carrying costs divided by total restocking costs

The company ideally wants the restocking costs can be... *

5/5
At the maximum level
As high as carrying cost
More than total inventory costs
At the minimum level

If the fixed costs per order are $5 and the number of order is 50 times, what is the total
restocking costs? *
10/10
$2,500
$10
$50
$250

The characteristic of the safety stock is... *

0/10
Decreasing the total costs
Increasing the number of order point  betulll
Decreasing the number of order point
Increasing the total costs

The systems used in inventory management in which inventories are acquired and
inserted in production at the exact times they are needed is called... *
5/5
Just-in-time
Order point
Economic order quantity
Safety stock

If the company has beginning inventory balance and ending inventory balance, then
how to determine the inventory balance? *
10/10
The average of the beginning and ending inventory balance
The sum of the beginning and ending inventory
Based on the beginning inventory only
Based on the ending inventory only

The time difference between the placement of an order for an inventory item and when
the item is received in inventory is called... *
0/10
Lead time
Safety stock
Economic order quantity
Order point

What is the correct statement about the carrying costs? *

10/10
No correct answers
They will be greatest when the firms hold a large quantity of inventory
They will be greatest when the firms hold a small quantity of inventory
They will be greatest when the firms hold a zero quantity of inventory
The quantity of an inventory item to order so that total inventory costs are minimized
over the firm’s planning period is called as… *
5/5
Repurchase Unit
Safety stock
Stockout
Economic Order Quantity