Match the inventory classification methods in List-I with their descriptions in List-II and select the correct code: List-I (a) H.M.L. classification (b) V.E.D. classification (c) SDE classification (d) FSN classification List-II (i) Determines the criticality of an item and its effect on production and other services; specially used for spare parts. (ii) Based on the pattern of issues from stores; useful in controlling obsolescence and identifying active and surplus items. (iii) The unit value of the item is the criterion, rather than the annual consumption. (iv) Based on problems faced in procurement and availability of items; useful in the context of supply scarcity.

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Current Affairs · Operations Management

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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(a) - (iii), (b) - (i), (c) - (iv), (d) - (ii)

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Answer 1

(a) - (ii), (b) - (iii), (c) - (iv), (d) - (i)

Answer 2

(a) - (iv), (b) - (i), (c) - (ii), (d) - (iii)

Answer 3

(a) - (ii), (b) - (iv), (c) - (i), (d) - (iii)

Answer 4

(a) - (iii), (b) - (i), (c) - (iv), (d) - (ii)

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