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

Discuss the different forms of communication existing, QUESTION 1 a) Il...

QUESTION 1 a) Illustrate the different processes of effective communication. b) Discuss the different forms of communication existing. QUESTION 2 a) Define the conce

Cam integration, CAD is automation of design process similarly CM is defi...

CAD is automation of design process similarly CM is defined as automation of manufacturing process. The CAD/ CAM addresses only the physical description of the product which s

Significance of opportunity cost for a business enterprise, Problem 1: ...

Problem 1: a. What is price elasticity of demand and how is it measured? b. Using diagrams explain: (i) A good with price elastic demand (ii) A good with price inelastic d

How can the internet be used as a business intelligence tool, Question 1: ...

Question 1: (a) Compare and contrast the traditional value chain configuration with that of the value shop. Give appropriate examples to illustrate your answer. (b) Given th

Channel System, Define Channel System

Define Channel System

What you understand by the term "cost insurance freight", QUESTION 1 (a...

QUESTION 1 (a) Mr. Gentil, a Mauritian textile exporter, is proposing to enter into an international sales contract with a French importer, to sell his textile products. Advise

Significant provisions for employee working hours, What are the important p...

What are the important provisions for employee working hours? Working Hours: The provisions relating to working hours deal along with the given factors: a. Weekly hour

Outline the roles and authorities of a project manager, QUESTION (a) Th...

QUESTION (a) The purpose of project management is to achieve successful project completion with the resources available. Regardless of the method that is used to handle a proje

Discuss how to analyse problems and their causes, QUESTION 1 Discuss ho...

QUESTION 1 Discuss how to analyse problems and their causes with respect to common problem solving pitfalls QUESTION 2 In planning and managing projects, project manage

Goverment companies, #what is a goverment compony&futures of advantages& di...

#what is a goverment compony&futures of advantages& disadvantages

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages