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Inventory Planning Interview Questions & Answers

Below we have listed all the Inventory Planning Interview Questions and answers. Feel free to comment on any Inventory Planning Interview Questions or answer by the comment feature available on the page.

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Inventory Planning Interview Questions & Answers

Inventory planning refers to the process that any organization adopts to determine the optimal quantity as well as timing, with the sole aim of aligning such plans with the organization's capacity to produce and make sales. Inventory planning, usually affects the company in a number of ways. It is the process of determining the optimal quantity and timing of inventory for the purpose of aligning it with sales and production capacity. Inventory planning has a direct impact a company's cash flow and profit margins especially for smaller businesses that rely upon a quick turnover of goods or materials.

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Buffer inventory is required as?
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Cycle inventory is required as?
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The EOQ formula has been criticized in a number of areas. Which of the following is not an area of common criticism?
3.3 Rating
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What is a two-bin system?
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Under the ABC system of inventory priorities a Class A item is?
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Order-point or re-order-level inventory control is used for which of the following?
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Periodic review means?
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