Procedures and techniques for managing inventory are all of the following except:
A) financial ratios.
B) economic order quantity model.
C) payback method.
D) the ABC system of control.

Question

Quizplus · Accepted Answer

The payback method is a financial analysis technique used to determine the amount of time required to recover an initial investment. It is not a relevant procedure or technique for managing inventory, whereas financial ratios, the economic order quantity model, and the ABC system of control are commonly used in inventory management.

Procedures and Techniques for Managing Inventory Are All of the Following