by: Admin_LouisPosted on:

_________= Re-order level (Average usage X Average delivery period)

_________= Re-order level (Average usage X Average delivery period)
Maximum stock level
Minimum stock level
Buffer level
Lead level

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  1. ________ is cost of process which begins with the implementation of the decision to produce a new or improved product or employ a new or improved method and ends with the commencement of formal production of that product or by the method.
  2. _______ cost are costs which are a part of the cost of a product rather than an expense of the period in which they are incurred
  3. A department, plant or an item of equipment can make up a cost centre referred to as ________
  4. ________ measures the extent to which fixed interest liabilities relate to the equity

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