8. Which factor influences buying decisions?

A. Delivered purchased material cost
B. Incremental managerial costs
C. Receiving and inspection costs
D. Incremental cost of capital

9. Under which of the following analyses is inventory classified according to its scarcity or availability?

A. VED analysis
B. SDE analysis
C. HML analysis
D. FSND analysis

10. Which of the following is not a defining element of the term inventory?

A. It is an idle resource that possesses economic value.
B. It ties up resources of the organization.
C. It serves the purpose of decomposing successive operations.
D. It is multimodal.



Answer :

Final answer:

Factors influencing buying decisions, inventory analysis, and defining elements of inventory.


Explanation:

Factor influencing buying decisions: Delivered purchased material cost, Incremental managerial costs, Receiving and inspection costs, and Incremental cost of capital all play significant roles in influencing buying decisions.

Inventory analysis: Inventory can be classified according to its scarcity or availability using techniques like VED analysis, which categorizes inventory based on its criticality and importance.

Defining element of inventory: Inventory is not just an idle resource with economic value; it ties up resources, serves the purpose of decomposing successive operations, but it is not multimodal.


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