Economic recorder quantity, Business Management

Setting Different Levels and Recorder point : Just to avoid the chances of over and under investment as well as running short of an item during the course of production minimum and maximum limits for each item of inventory should be fixed. While fixing the minimum and maximum levels, recorder point should also be fixed in advance.

Fixing Economic Recorder Quantity : It is basic inventory problem to determine as to how much quantity of a particular item should be ordered at a time considering various costs. In determining the economic order quantity ( EOQ) the two opposing costs ordering cost and carrying cost should be balanced.

Posted Date: 3/26/2013 3:03:15 AM | Location : United States







Related Discussions:- Economic recorder quantity, Assignment Help, Ask Question on Economic recorder quantity, Get Answer, Expert's Help, Economic recorder quantity Discussions

Write discussion on Economic recorder quantity
Your posts are moderated
Related Questions
How will you inform your managers and supervisors about budgets, reporting requirements and financial delegations? I just want to know

Could empowerment lead to powerless leaders, why or why not?

the assignment question: Which theory of international trade do you consider to be most appropriate to multinational corporations? Make comparisons with other international trade

Use VBA code that will be triggered on the click of a button on the order sheet, to add the order for each garden to the Sales Database sheet. Produce a written comparison of sp

QUESTION 1 i) Explain what you understand by the term internal environment of an organisation ii) Discuss how managers can reduce the influence of the specific external envi

Describe Costco’s two primary internal core business principles

Question 1: (a) Briefly describe the Environment Impact Assessment Committee and its functions (b) What do you understand by the term 'environmental sustainability' (c) List a

Question 1: (a) Explain the purpose and relevance of a business plan within the hospitality sector. (b) Discuss the importance and role of market research within business pl

I need the assignment on dumping and external economics of scale with presentation on power point and summary about these two topic in 1000 words

What is the delegation of authority? Delegation of authority: Delegation may be described as the entrustment of responsibility and authority to other and the creation of