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

Illustrate the major and minor managerial decisions, Illustrate the major a...

Illustrate the major and minor managerial decisions? Major and Minor Decisions: Decision regarding financial outlay can be minor or major. A decision associated to the pu

Explain behavioural segmentation, QUESTION a) Elaborate on three advant...

QUESTION a) Elaborate on three advantages and three disadvantages of online survey. b) One to one marketing is a type of relationship marketing. Explain what is meant by thi

Explain engineering business functions, Identify and explain engineering bu...

Identify and explain engineering business functions. Draw out an organisation chart for an organisation of your choice and explain the roles and functions of an engineering bus

Crew size costs, The crew costs are parts are part of the overall prev...

The crew costs are parts are part of the overall preventive maintenance cost and the down time costs constitute on a part of the breakdown maintenance costs. The maint

State the organizational and personal managerial decisions, State the organ...

State the organizational and personal managerial decisions. Organizational and Personal decisions: A manager creates organizational decisions into the capacity of a compa

Information needs at the top management, QUESTION Mauritius Institute o...

QUESTION Mauritius Institute of Technology (MIT), is a well-established private tertiary education institution located in Moka. The MIT operates two faculties with around ten d

Improvement in communication in the workplace-email works, c) Students shou...

c) Students should simplify what they see as an 'improvement' in communication in the workplace. Measures used to judge the competence of communication could include: Speed

Marketing securities, marketing securities are drivers of growing nations

marketing securities are drivers of growing nations

Investment in information technology, Investment in information technology ...

Investment in information technology can permit a business to lock in customers and suppliers by building valuable new relationships with them. Earlier this approach was utilized t

Determine the average waiting time, Build a simulation model using the dist...

Build a simulation model using the distributions you get in part A to verify whether the claim by trucking associations that the average time it takes a truck to cross the border h

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