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
This is a modern concept having excellent future prospects. Maintenance is more relevant with palnt and machinery of mechanical design having more number of moving parts.

QUESTION 1 (a) Using suitable examples distinguish between formal and informal organization. (b) Describe any two characteristics a formal Organisation. (c) Illustrate an

In the past, doing business in Japan was a difficult, complicated, and often unsuccessful venture. In addition to different languages, social customs, and histories, the United S

Shaping Culture and Values Commerce Bank is one of the fastest growing banks in the United States-but it's also one of the goofiest places of business you're likely to find. C

What are the human relations of a successful manager? Human Relations skill: Human Relations skill considers as the capability to work effectively along with others and b

QUESTION 1 You are required to give a presentation to a group of 20 staff within your department. Discuss the factors that you should consider in order to make an effective ora

QUESTION 1 The following are six major types of systems that serve the various organizational needs: Executive Support Systems (ESS) Management Information Systems (MI

(a) Explain the Communication Process Model and explain sequentially through the use of this model the various stages that can ensure effective business communication. (b) Expla

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

The following assignment is to be drawn using any software drawing package you have access to (Gliffy, PowerPoint, Visio, etc.). Identify and label all components. Make sure it