Carrying cost, Business Management

Assignment Help:

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.


Related Discussions:- Carrying cost

Find the total waiting cost, If the waiting time cost per hour for a FAST t...

If the waiting time cost per hour for a FAST truck is $100 and the waiting time cost per hour for a non-FAST truck is $40. Build the following ARENA models to help you decide which

Help, Can I work here as assignment writer?

Can I work here as assignment writer?

Organizations can make the planning process more effective, QUESTION Th...

QUESTION The financial crisis in America reminded business organizations about the difficulty to plan in a very dynamic business environment. Many organizations were unprepared

Adequate inventory records, An efficient inventory control necessitates ...

An efficient inventory control necessitates maintenance of proper inventory records because various inventory records contain information to meet the needs of purcha

Marketing, How distribution is arranged to provide costumers convenience fo...

How distribution is arranged to provide costumers convenience for the hotel.

Manage finance, strategic oppurtunity for new product

strategic oppurtunity for new product

Fully operational computer system, Explain the reasons why a department of ...

Explain the reasons why a department of an organisation might continue to use manual records rather than a new, recently installed and fully operational computer system. Severa

What volume of sales will be essential to cover, What volume of sales will ...

What volume of sales will be essential to cover? The reasonable return of capital utilised to cover the volume of sales as: - Ordinary and preference dividends, and - Res

Internal culture of the organisation , Describe how you, the manager of the...

Describe how you, the manager of the business, would use two (2) different forms of visible organisationl culture to encourage staff to learn to be "innovative" and expect, and cop

What are the factors of non-monetary motivation, What are the factors of no...

What are the factors of non-monetary motivation? Non-monetary Motivation: The factors leading mainly towards motivation are as follows: a. Achievement: Personal satisfacti

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