________ is the level of inventory at which it becomes necessary to place order for new supply Posted on:
________ is the quantity of materials an organization will purchase at a time to enjoy economy of scale i.e. transport cost, bulk discount, ordering cost, holding cost, etc. Posted on:
________ is the amount of time it takes for the material to be delivered from the supplier after an order has been placed. Posted on:
_______ are costs of seeking new ideas, materials, methods of production and improved products and the development and design of such ideas so that they can be applied to formal production. Posted on:
_________ are cost of formulating policy, directing and controlling operations not related directly to production, selling, distribution or research and development. Posted on:
_________ ratio are used to determine the ability of a firm to meet its current obligations. Posted on:
__________ is a measure of the relationship between the current assets and current liabilities. Posted on:
