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

Flow of communication in an organization, Question 1: There are several...

Question 1: There are several barriers that affect the flow of communication in an organization. These barriers interrupt the flow of communication from the sender to the rece

How do you and your organization define system, Problem 1. How do you a...

Problem 1. How do you and your organization define system? Mention the systems that require engineering. Defining system Mentioning the systems that require engineerin

Hindustan Foods, With the data so determined. Hindustan food wanted to know...

With the data so determined. Hindustan food wanted to know if the difference in the sales was due to the difference in flavors and what affect the different prices had on sales

Provide an outline of the balanced scorecard method, A) The future usefulne...

A) The future usefulness of any Performance Management initiative in an organization is underpinned by the determination of Key Performance Indicators (KPI). Provide a brief outlin

Departments of e-care consultant medical centre, table show the different d...

table show the different departments within the Medical Centre, although duties within this department are not static to one department (Dept.), as doctors and other professionals

Organizational behaviour, using as exsiting company write on how organizati...

using as exsiting company write on how organizational behaviour can play a major role in the company''s organizational development enhancing organizational performence as well as i

Fog index, Select an article of around 200 words from any business publicat...

Select an article of around 200 words from any business publication. Analyze the readability of the article using the "Fog Index". Is the reading level appropriate for the reader o

Emerging issues, 5000 words current emerging issue in australia

5000 words current emerging issue in australia

Financing, three approaches to the short term financing problem providing r...

three approaches to the short term financing problem providing relevant examples

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