Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
LIMITATIONS OF ABC ANALYSIS
However ABC analysis is a basic tool for exercising selective control over many inventory items, it does not, in its current form, allow precise consideration of all relevant troubles of inventory management. For illustration, a never-ending trouble in inventory management is that of sufficiently handling thousands of low-value `C' items. Low-value purchases often require more items and thereby decrease the time allowance accessible to purchasing personnel for value analysis, vendor investigation, and other `B' items.
Moreover, if ABC analysis is not periodically evaluated and updated, the very approach of control might be defeated. For illustration,`C' items similar to diesel oil in a firm, will become most high-value items throughout power crisis should, hence, deserve more attention, though this point might be overlooked when classification of items is not evaluated and updated.
PERMANENT ABANDONMENT OF PREMISES A company may find it more profitable to concentrate its output in some factories by closing down others. The decision, in this instance, is
According to the Philadelphia Inquirer, in 2004 the city of Philadelphia planned to spend $14 million to convert the Convention Center into an appropriate venue for the Republican
Directing There are number of good plans which are never realized. To realize a plan it requires the initiation and direction of the number of actions. Often, thes
what is the role of accounting standard board?
The decisions about long-term investment are depends on judgments on future cash flows, the improbability of such cash flows and the opportunity cost also of the funds to be invest
Criticism of Material Requirement Planning
Problem: Fancy Foods Ltd uses a standard costing system to control its material and labour costs. The standard costs for January 2007 were as follows. Standard Costs Materi
Open Account Credit sales are usually on open account that implies which the seller ships the goods to the buyer and afterward sends the bill invoice. Consignment In th
GRAPHICAL METHOD Graphical methods can be used in games with no saddle points and having pay off m X 2 or 2 X n matrix. The aim is to substitute a much simpler 2 X 2 matrix for
Explain TWO limitations of using accounting ratios to assess the performance of a firm and suggest how each limitation may be improved
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd