Mechanical Engineering - Industrial Engineering and Production Management - Discussion

Discussion Forum : Industrial Engineering and Production Management - Section 3 (Q.No. 11)
11.
In perpetual inventory control, the material is checked as it reaches its
maximum value
minimum value
average value
any one of these
Answer: Option
Explanation:
No answer description is available. Let's discuss.
Discussion:
14 comments Page 1 of 2.

Bharat said:   1 decade ago
In this we check inventory every now and then.

Jnk said:   9 years ago
It may be checked at minimum value.

Raveendran p said:   9 years ago
It is Minimum value.

Pratik said:   8 years ago
It's Minimum value.

Rajesh said:   8 years ago
Yes, it is a minimum value.

Venkat said:   8 years ago
The answer is b) Minimum value.

Bhavi said:   8 years ago
It's mininum value.

Vivek said:   8 years ago
It must be checked as it reaches the minimum value.

Abhilash said:   7 years ago
Option D is correct.

Ref: RS Kurmi.

Jango said:   6 years ago
A perpetual inventory system is a method of tracking and recording inventory and costs of goods sold on a continual basis, so a current inventory balance can be calculated in real-time. In other words, a perpetual inventory system records all inventory transactions in real-time, so the accounting system can display the current inventory balance at any point in time.

So option D is correct.


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