What does category 'A' in the ABC analysis means? It serves as your most valuable product that
Question:
What does category 'A' in the ABC analysis means? It serves as your most valuable product that contributes the most to overall profit It serves as small transaction that are vital for overall profit but does not matter much
Question 2 What is involved in choosing a Supplier? The suppliers' years of experience Order managing process
Question 3 What is 'Perpetual Inventory Management'? It is simply counting inventory as soon as they arrive It is putting the inventory and counting them later
Question 4 What it Drop Shipping? It is when a shop makes a sale, and does not have the item in their inventory but purchase it from a third party and ship it to the consumer It is when a store makes a sale, and picks up the item from their inventory and ship it to the consumer
Question 5 What is Outsourcing? By giving an outside party the responsibility to make goods for your company By producing the goods within your company
Question 6 What is the meaning of FIFO in inventory management? First In - First Order First In - First Out Question
Management Accounting
ISBN: 9780730369387
4th Edition
Authors: Leslie G. Eldenburg, Albie Brooks, Judy Oliver, Gillian Vesty, Rodney Dormer, Vijaya Murthy, Nick Pawsey