Determining economic order size, Business Management

Assignment Help:

Economic order size is that size of the order which gives maximum economy in purchasing any item of material. The other terms used for economic order size are economic lot quantity and economic buying quantity, the most advantageous economic quantity will be a point where the acquisition costs and inventory storing costs are equal. I ,e, where total costs to order and to carry material minimum ascertaining.


Related Discussions:- Determining economic order size

Applying Psychology at work, You are a middle manager for a company and are...

You are a middle manager for a company and are planning a training session for your supervisors on effective versus ineffective leadership. You know from past training sessions tha

Mr, Identify development opportunities to meet current and future defined ...

Identify development opportunities to meet current and future defined needs?

Problem based on exquisite flowers, Normal 0 false false fa...

Normal 0 false false false EN-US X-NONE X-NONE a) The benefits to Natalie in operating as a soli

BSBFIM501A, Hello, I have an assignment I need to complete in the next 6 we...

Hello, I have an assignment I need to complete in the next 6 weeks and want to know how your service works? It is 1 of 2 modules I require to complete my studies. Can you please a

What are programme evaluation and review technique, What are Programme Eval...

What are Programme Evaluation and Review Technique? PERT (Programme Evaluation and Review Technique): It is a technique used for controlling and scheduling the projects w

Business rules, I want you to pretend that you are going to interview Bob o...

I want you to pretend that you are going to interview Bob of Bob's Used Book Store.  In general, Bob needs a database system to replace their current paper trail of keeping track o

Business processes, When a new customer arrives at the pharmacy to have a p...

When a new customer arrives at the pharmacy to have a prescription filled, they are asked to provide basic customer information which includes their name, address, phone number, da

Two of your key team members are on 3-weeks leave, You are a team manager h...

You are a team manager having 15 members in your team. Two of your key team members are on 3-weeks leave. You have to call for a monthly  team meeting within a week. How effectivel

Describe the characteristics of an effective team, QUESTION 1 a) Descri...

QUESTION 1 a) Describe the characteristics of an effective team b) Discuss the main features that contribute to the proper functioning and creativity of a team c) Assess

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd