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

Objectives of preventive maintenance, a. To minimize the possibility of ...

a. To minimize the possibility of unanticipated production interruptions by locating or uncovering any condition which may lead to it? b. To make plant equipment and m

How can a retail bank deal with liquidity risk, QUESTION 1 Discuss the ...

QUESTION 1 Discuss the main components and functions of the financial system making reference to Rodrigues Island. Suggest measures which could be implemented to develop the fi

Project management skills, You should present a reflective review of the pr...

You should present a reflective review of the project as a whole. You should make specific comments about how the project was managed? What was done well? What could be improved? W

Quality management system, Briefly introduce the subject and describe its k...

Briefly introduce the subject and describe its key business or operations. Appraise how it plans and manages quality. Analyse how quality can be used to support the strategies o

Raising barriers to entry using information system, Q. Raising barriers to ...

Q. Raising barriers to entry using information system? By investment in information technology a firm could as well erect barriers to entry that would discourage or delay other

HRM, Ways to measure the success of a selection

Ways to measure the success of a selection

Explain the problem of industrial marketing in india, Explain the problem o...

Explain the problem of industrial marketing in India. Problem of Industrial Marketing in India: Industrial market comprises all individuals and organisations which acquire

The four seasons corporation, What market segment will the company be targe...

What market segment will the company be targeting? Why?

Ask chuck, Describe and evaluate what Charles Schwab is doing

Describe and evaluate what Charles Schwab is doing

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