Carrying cost, Business Management

Also known as the loading cost or the storage cost carrying cost represents the cost that is associated with storing an item in inventory. It is proportional to the amount of inventory and the time over which it is held. The elements of carrying cost include the opportunity cost capital invested in the stock the costs directly associates with storing goods ( like stores men salary rates heating and lighting , racking and pellet is action protective clothing store transport etc,) the obsolescence cost( including scraping and possible rework) deterioration costs and costs incurred in preventing deteriorations and fire and general insurance etc.

Posted Date: 3/26/2013 2:47:03 AM | Location : United States

Related Discussions:- Carrying cost, Assignment Help, Ask Question on Carrying cost, Get Answer, Expert's Help, Carrying cost Discussions

Write discussion on Carrying cost
Your posts are moderated
Related Questions
How is the responsibility and authority affected in the organisation? Responsibility and Authority: Responsibility implies accountability. This is the obligation of the s

Explain some of the approaches for handling customer complaints and listening to customers

How will you inform your managers and supervisors about budgets, reporting requirements and financial delegations? I just want to know

Frameworks (e.g. 'S'-curve indication industry maturity), models (e.g. Porter's Five Forces model), techniques (e.g. Key Success Factor analysis in combination with competitor anal

Illustrate the wordings of Dale Yoder about performance appraisal? According to Dale Yoder about performance appraisal : The performance appraisal is like “all formal pro

QUESTION Motivated people are those who have made a conscious decision to devote considerable effort to achieving something that they value. What they value will differ greatly

QUESTION a) The processes that take place in a team while it is working together (i.e interaction, task & maintenance functions, group cohesion, norms and values) are often ove

Define Scope and Functions of Public Relations? Scope a)    Receive information from public b)    Advise management of attitudes and response c)    Set policies and

Cost Context Induction : Good maintenance management is important for the company cost control. As companies go in for automation to become more competitive they increasing

QUESTION 1 Using either a public or a private welfare institution known to you, describe carefully (a) The elements of the organizational structure and (b) Explain how ea