Match the following List-I (Ratios for the Measurement of the Effectiveness of Inventory Management) List-II (Formula) a. Spare Parts Index 1. No . of Time out of Stock No . of Time Requistioned b. Compare progress with…

Match the following List-I (Ratios for the Measurement of the Effecti…

Management · Q87

Product and Brand Management

Graduate and Post Graduate · Management · question 87

Q87

Match the following

List-I (Ratios for the Measurement of the Effectiveness of Inventory Management)	List-II (Formula)
a. Spare Parts Index	1. $\frac{No . of Time out of Stock}{No . of Time Requistioned}$
b. Compare progress with plans	2. $\frac{Cost of Goods Sold}{Average Inventory at Cost}$
c. Out of Stock Index	3. $\frac{2 D C _{0}}{C _{i}}$
d. EOQ	4. $\frac{Value of Spare Parts Inventory}{Value of Capital Equipment}$

a-1, b-2, c-3, d-4

a-3, b-1, c-4, d-2

a-1, b-3, c-4, d-2

a-4, b-1, c-2, d-3

Answer

Answer: Option D

Answer: Option D

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