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

STRATEGGIC ANALYSIS: THE INTERNAL ENVIRONMENT, explain and use appropriate ...

explain and use appropriate tools and techniques for conducting an internal appraisal

Business decision model, Commonly used for delivery of fuel products, a tru...

Commonly used for delivery of fuel products, a truck / trailer combination has five product compartments: three in the lead trailer and two in the pup trailer. The lead trailer's c

Preventive maintenance, Preventive maintenance consists of routine actio...

Preventive maintenance consists of routine actions taken a planned manner to prevent breakdown and to ensure operational efficiency to the extent it is economically and pra

Conceptual framework of diversity, Diversity is an increasingly important f...

Diversity is an increasingly important factor in organisational life as organisations worldwide are more diverse in terms of the gender, race, ethnicity, age, national origin and o

Definition of entrepreneur by harbison and peter f. drucker, Describe the d...

Describe the definition of entrepreneur according to Harbison and Peter F. Drucker. According to Harbison : "An entrepreneur, it is not an innovation but a business builder

Organizational change, The main activities in this step are: a. Assess t...

The main activities in this step are: a. Assess the current state of the organization b. Explain the need for change c. Illustrate the desired state d. Create a commu

Discuss about the term marketing briefly, Discuss about the term marketing ...

Discuss about the term marketing briefly. Marketing: All organisations are engaged within producing products or services meant for employ/consumption through people at huge.

Business environment in strategic formulation, Business environment in stra...

Business environment in strategic formulation A business strategy depicts how a specific business proposes to succeed in its preferred market place versus its competitors. It

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