Question
Economics Question on Business organizations
Match List I with List II
| LIST I| | LIST II
---|---|---|---
A.| Purchase cost| I.| Insurance cost, depreciation, etc.
B.| Ordering cost| II.| Time gap between placing order and receiving the order
C.| Holding cost| III.| Cost incurred in purchasing an item
D.| Lead Time| IV.| Includes telephone charger, postage, travel, etc.
Choose the most appropriate answer from the options given below:
A
A-II, B-III, C-I, D-IV
B
A-III, B-IV, C-I, D-II
C
A-III, B-I, C-IV, D-II
D
A-IV, B-I, C-III, D-II
Answer
A-III, B-IV, C-I, D-II
Explanation
Solution
The correct option is (B):A-III, B-IV, C-I, D-II