nventory Management

Please match

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Inventory Turnover Ratio

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Cycle counting

$-$

Inventory

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Independent$-$demand items

$-$

Purchase cost

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Holding $($carrying$)$ costs

$-$

Ordering costs

$-$

Setup costs

$-$

Shortage costs

A$.$

Costs of ordering and receiving inventory

B$.$

The amount paid to buy the inventory

C$.$

The costs involved in preparing equipment for a job

Analogous to ordering costs

D$.$

Items that are ready to be sold or used

E$.$

A stock or store of goods

F$.$

A physical count of items in inventory

G$.$

Cost to carry an item in inventory for a length of time, usually a year

H$.$

Costs resulting when demand exceeds the supply of inventory; often unrealized profit per unit

I.

Ratio of annual cost of goods sold to average inventory investment