Match List - I with List - II.
|
List – I |
List – II |
|
(A) When to place an order |
(I) Order quantity |
|
(B) Cost for ordering |
(II) Reorder point |
|
(C) How much to order |
(III) Includes cost of money tied up |
|
(D) Inventory carrying cost |
(IV) Includes paperwork |
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → (A)-(II), (B)-(IV), (C)-(I), (D)-(III)