When are the holding costs raised, Operation Management

Assignment Help:

When are the holding costs raised?

Holding cost rises while the size of order rises. It is since a higher level of average stock will be kept during the year. Thus holding cost would comprise the cost of warehousing, staff and systems to assists and keep-up inventory, also the cost of insurance, damage, obsolescence, theft and deterioration, even is the cost of money or cash tied up as an example of cost of capital, that is the opportunity cost of investing within inventory.


Related Discussions:- When are the holding costs raised

Explain role in establishing a canadidate''s brand, How does the use of mus...

How does the use of music in political play a role in establishing a canadidate's brand?

Illustrate overview of operational functions or departments, Illustrate the...

Illustrate the overview of operational functions or departments? Organisations create products or deliver services and act rely heavily onto operational processes to create eff

Explain human relations movement, Compare and contrast Scientific Managemen...

Compare and contrast Scientific Management and the Human Relations Movement

Define monte carlo simulation is a technique used as part of, Monte Carlo s...

Monte Carlo simulation is a technique used as part of: Answer Risk identification Risk assessment Risk monitoring and control Risk handling

Explain evaluating their own virtual teams, Is Volvo's approach to evaluati...

Is Volvo's approach to evaluating the effectiveness of its virtual teams one that could serve as a useful model for other organizations to follow in evaluating their own virtual te

Explain finite backward scheduling, A process capacity methodology that is ...

A process capacity methodology that is used to show how well parts being produced fit into a range specified by design limits is which of the following? a. Finite backward sche

Explain how much water can be transported per hour, The network in figure b...

The network in figure below shows the pipeline transportation system for treated water from the treatment plant to a city water supply system. The arc capacities represent millions

Explain support of senior management, Project failure can result from all o...

Project failure can result from all of the following causes EXCEPT- A. Support of senior management B. Changes in scope are not agreed upon by all parties involved C. Too

Describe how it relates to this week''s topic, • This assignment is to take...

• This assignment is to take into consideration doing business in China. You are an American company wanting to expand into China. Your management has asked you to do a PowerPoint

Explain travel from the workstations to the main aisle, A portable lunch wa...

A portable lunch wagon is to be located along the main aisle of an industrial plant. The vendor wishes to locate the wagon so that the total walking distance for his customers is m

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