The most suitable inventory control technique for spare parts is: (A) ABC analysis (B) VED analysis (C) JIT analysis (D) Control ratios

CS Executive · Cost and Management Accounting · PYQS · December 2017
The most suitable inventory control technique for spare parts is: (A) ABC analysis (B) VED analysis (C) JIT analysis (D) Control ratios
(A) ABC analysis
(B) VED analysis
(C) JIT analysis
(D) Control ratios

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Inventory Control

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