Question

question 20 of 50 (required)
which of the following make up the formula for usage? select all that apply.
needs
variance
transfers out
deliveries
starting inventory
ending inventory
transfers in
credits

Explanation:

Usage (inventory usage) is calculated using the formula that accounts for starting inventory, incoming stock, and ending inventory. The formula is:
$\text{Usage} = \text{Starting Inventory} + \text{Deliveries} + \text{Transfers In} - \text{Ending Inventory} - \text{Transfers Out}$
Needs, variance, and credits are not components of the core usage formula for inventory.

Answer:

• Deliveries
• Starting Inventory
• Ending Inventory
• Transfers Out
• Transfers In