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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.
a. To minimize the possibility of unanticipated production interruptions by locating or uncovering any condition which may lead to it? b. To make plant equipment and m
Question : Mr X is president and general manager of AgriMark Inc., a successful and growing dairy cooperative that?s known for its high quality dairy products. Mr X is a deman
The important functions of maintenance can be stated as follows: 1. To develop maintenance policies procedures and standards for the organization. 2. To schedule planne
Q. Explain Common types of organizational change? Organizational change holds risks and rewards. The main common types of organizational change are automation and rationalizati
a) Students will require to carry out a full quantitative investment appraisal: Project HK Project UK Payback 2 yea
As CEO of SeaSpray Marine, Ron Greenwood knows it is important to control costs and to Respond quickly to changes in the highly competitive boat-building industry. When IDG Consult
FIXED COST=40000, VARIABLE COST=20 PER UNIT, SELLING PRICE=100 PER UNIT. TURNOVER REQUIRED FOR A PROFIT OF RS.30000
Advantages of a Good Material Handling Systems: The followings advantages are availed from an efficient material handling system. 1. A good material handling sys
Question 1: (a) What is ‘Training'? (b) Show the main objectives of ‘Training'. (c) Explain clearly the different stages in a systematic approach to Training as developed
#quesExplain the different delivery styles that speakers can select for their presentation.tion..
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