Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Mathematical Derivation of EOQ
Let cost per order is represented via Co. it is the cost incurred every instance one order is placed.
Let the economic quantity purchase every instance be represented via Q
Let holding cost per unit be represented via Ch
Let total demand be represented via D
The net holding cost = ½ QCh
The net Ordering cost = C/O: Note that C/O provides you the number of order in the period
Then net cost = ½ Qch + D/Q CO or simply the net holding up cost plus the net ordering costs
EOQ is at the point where holding cost is equal to ordering costs
That is ½ Ch = D/Q CO
½ Q2Ch = D CO
∴ Q2= √(2DO/h)
Q2Ch = 2D CO
Q2 = 2DCo/Ch
Here Q = √(2DCo/Ch)
Here EOQ= √(2DCo/Ch)
how to post journal to ledger four coloumn
Walter manufactures a silicone paste wax that goes through three processing departments: cracking, blending, and packing. All raw materials are introduced at the start of work in t
I would like to know the solution on this one.
Materials Transaction i. Purchase of Materials on Credit ii. Return of Materials to Suppliers iii. Purchase of Materials in Cash. The above transactions affect both t
What do you mean by differential costing ? How it differ from marginal costing ? explain its practical application with examples?
BUDGET A BUDGET is a quantitative expression of a business plan for a particular future period, generally a year. BUDGET is the planned future course of action. BUDGET
standard hours = 5000 standard wages = Rs.3/hr actual hours worked = 5600 hrs actual wages paid = 17920
Are non-profit and governments required to depreciate assets? Why or why not? Would it make sense for them to use double declining balance? Is there a difference between a non-p
In the beach city of Santa Barbara, California, there are seven bathing suit stores, each with the same schedule of costs and each facing an identical demand curve. Swim N Style is
CVP and Computer Applications The broad availability of personal computers encourages more managers to apply cost volume profit analysis. Computers can quickly create the comp
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd