Kinokuniya Bookstore will sell approximately 17, 000 copies of books in a year. The company maintains 2,200 units as the desired safety stock and it normally take 20 days to receive the order made. If the EOQ of the bookstore is 1010 units, calculate the reorder point. Assume 360 days in one year.

Acson Electronics purchases 150, 000 units of one component of its air conditioner per year. The selling price of the cooler fan is RM1500 per unit. The company analyzed its inventory costs and has found that the component has an order cost of RM300 per order and carrying cost is 10% of its selling price. Determine the optimal EOQ level.

Calculate the inventory cost of a firm if its usage is 150,000 units, EOQ is 775 units, ordering cost is RM300, selling price is RM1500 and carrying cost is 10% of its selling price.

The objective of account receivable management is to collect debt as quickly as possible without losing sales from high-pressure collection techniques.

Which of the following is NOT a credit selection technique used in evaluating creditworthiness of an applicant.

Customer gets 2% discount if paid within 10 days from the invoice date. If not, customer has to pay full amount at the end of 30 days. Which the following credit term is correct for the above statement?

Which of the followings is NOT the types of inventories?

Which of the following are the common techniques of managing inventories? You may answer more than one.