Which of the following is not an Inventory Management Technique ?
FIFO
LIFO
Break Even Analysis
Kan Ban
O JIT
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Explanation:
Kanban is the answer
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Break even analysis.
In large businesses there is large number of stock and that much stock can't be handled without proper management system. Inventory management techniques helps the businesses to manage their inventories and also to identify every item separately and find out how much inventory has sold or how much has to be purchased. FIFO, LIFO, Kanban and JIT are all types of inventory management techniques. but break even analysis is related to cover and manage costs in business, so it is not a part of inventory management.
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