Re-ordering level = Maximum consumption x …………………………

Related MCQs

• ……….represents that quantity of material which is normally ordered when a particular material reaches reordering level.
• Re-ordering level = ........................................X Maximum re-order period
• Material consumption budget is prepared on the basis of .
• Material budget consists of two parts, one is the consumption budget and another Is .
• Under Merrick’s multiple piece rate system, 110% of the ordinary piece rate is given to workers whose level of performance is between……. of the standard output.
• Under Merrick’s multiple piece rate system, 120% of the ordinary piece rate is given to workers whose level of performance is between…........................of the standard output.
• Under Merrick’s multiple piece rate system, ordinary piece rate is given to workers whose level of performance is between…........................of the standard output.
• Budget designed to remain constant irrespective of the level of activity attained is called .
• ……………is the maximum possible alternative earning that might have been earned if the productive capacity is put to some alternativeuse.