# Inventory Control – Tests

1. says

he is the mystery man, no offence but my image of Mr John is of a character from Game of Thrones called Varys the Master of Whisperers.
Who agrees ?

• says

What!!!
(If you look at my photo on the first ACCA page, I don’t think I look anything like him )

• says

My bad! Never realised you had a picture on the website. I only know Mr Miike Little and Tax Tutors face. Nonetheless you all are amazing teachers , doing the greatest job. All my acca exams so far have been accomplished thanks to open tuition

2. says

Hello Sir..thankyou for your lectures.i am confused why in test 6 D=12500×4??
in test 1 also D=20000×4
whats the logic behind “4”??
Tia

• says

We need the demand for the year but it is given for 3 months. There are 4 three month periods in a year

• says

Oooh hahaha now i get it.thankyou sir

3. says

Beside i cant see you..but your way of teaching is really good…I wish if I could attend a lecture of yours ..Thanks you Sir. John.

4. says

I wish I could sit in one of your lectures. I loved the last bit of this lecture about how people write notes to the examiner, these lectures are not only informative but you do provide some humour too! Thank you Mr Moffat

• says

The link is immediately above the video!!

• says

thank you sir, but it said ‘ACCA Syllabus (F1-F3)
February 2013 to January
2014 ‘

I can’t find for the year 2014. Can you send me the link please ?

5. says

Dear John,

1) What if Cost of ordering goes higher? what happens to cost of Holding and EOQ?

2) What if Cost of Holding goes Lower? what happens to cost of ordering and EOQ?

• says

Think about the formula ( or if you need the make up some numbers and try it)

If the order cost gets higher then the EOQ is higher and therefore the total holding cost is higher.

If the holding cost per unit is lower then the EOQ is higher, which means fewer orders and so the total order cost per year is lower.

6. says

Dear Mr. John Moffat,

can you please show me the way to do question 4? I got 300 units and there’s no option in the question for that.

EOQ = 2x160x9000 / 32 = 90,000 square root = 300 units.