Determining economic order size, Business Management

Assignment Help:

Economic order size is that size of the order which gives maximum economy in purchasing any item of material. The other terms used for economic order size are economic lot quantity and economic buying quantity, the most advantageous economic quantity will be a point where the acquisition costs and inventory storing costs are equal. I ,e, where total costs to order and to carry material minimum ascertaining.


Related Discussions:- Determining economic order size

Balance sheet, last year''s profit and loss account is which catagory ? ass...

last year''s profit and loss account is which catagory ? asset or liability

Explain a few decision-making models in management, Question: (a) Expla...

Question: (a) Explain a few decision-making models in management, giving examples of management decisions in each case. (b) The three main management styles which belong to

Legal system, . identify and give out the explanation of different categori...

. identify and give out the explanation of different categories of legal system

Consumer ., "consumer mind is a black box" discuss

"consumer mind is a black box" discuss

What are the methods of training of supervisors, What are the Methods of Tr...

What are the Methods of Training of Supervisors? Methods of Training of Supervisors: Supervisors or foremen are above the workers or operative level workers into the pyra

Harmful factor in the relation of management and workers, What is the harmf...

What is the harmful factor in the relation of management and workers? The one thing that is very damaging to good relations between management and workers is the feeling in bet

Firm and its environment, what is firm and its environment of organization ...

what is firm and its environment of organization and management?

Explain leverage- run efficient- initiate new frontiers, Boeing has 3 strat...

Boeing has 3 strategies they pursue as a business - devise 4 to 5 tactics you would put in place to support for each strategy - five tactical bullets points per strategy. 1.

Canteen, whom do you thikk rajender will eat with ?why

whom do you thikk rajender will eat with ?why

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