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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.
Daily maintenance for every facility is not advisable as it would be quite expensive and time consuming. Hence according to the requirements and importance of the machi
maximization Z= 5x + 2y x y x+y
Question 1: It has been stated in the case that the new ‘Human Resource Manager was failing to recruit the right kind of people ... and new recruits were unenthusiastic about a
QUESTION At the heart of Public Key Infrastructure (PKI) is encryption. Encryption is the process of scrambling data in such a way that it is difficult, expensive, or time cons
Discuss about the policy and operative managerial decisions. Policy and Operative decisions: Policy decisions are very significant, they are occupied by top management, a
How is voluntary withdrawal cause of labour turnover? Voluntary withdrawals or by the worker because of: • dislike for the current job; • good job obtainable elsewhere;
which type of financing is appropriate to each firm
QUESTION (a) What should be the objectives of an International Compensation Policy? (b) Explain the components of an International Compensation Program (c) Explain the Go
What are the objectives of work study for any management? The objectives of work study for any management are as follows: 1. Enhanced working processes as well as standard p
b) An knowledge and awareness of multiculturalism may foster improved communication because: Employees can communicate better with one another in order to achieve organisati
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