401. In the 2 Bin system EOQ takes into account
A. Annual demand
B. unit cost of item
C. Cost of placing one supply order
D. All of them
402. Safety stock is used :
A. For protection of stores from fire or thefts
B. As an insurance claim during emergency
C. For emergency to meet unforeseen demands
D. To increase the market value of product
403. In VED analysis “D” stands for:
A. Data of receipt of items
B. Deviation of stock
C. Desirable items
D. Daily desired items
404. Items which constitute 60 -70% of total inventory and require 20% of yhe total investment on inventories comes under :
A. A Class items
B. C Class items
C. D Class items
D. B Class items
405. The supply of an approximate quantity of stores at a specified price during a certain period of time comes under :
A. Running contract
B. Rate contract
C. Fixed quantity contract
D. Negotiations
406. A location which attracts customers for shopping may be termed as:
A. Interceptive location
B. Generative location
C. Suscipient location
D. Geographic location
407. OTC drugs are:
A. Ethical drugs
B. Prescription drugs
C. Ethical and prescription drugs
D. Non -prescription drugs
408. Type of retailership of street vendor is:
A. Small scale fixed retailer
B. Large Scale retailer
C. Itinerant retailer
D. Pertinent retailer
409. Retailer at a Chemist shop purchases drugs form wholesellers who get supply form manufacturers. channel of distribution of retailer of :
A. Zero level
B. Two level
C. One level
D. Three level
410. Channel of distribution is Zero level in:
A. Manufacturers -physician -Consumer
B. anufacturer -Wholesellar -physician -patient
C. Manufacturer – Retailer -patient
D. Manufacturer –patient