One of the important reasons for carrying inventory is to
A shop owner with an annual constant demand of ‘H' units has ordering costs of Rs. ‘CO’ per order and carrying costs Rs, ‘CC’ per unit per year. The economic order quantity for a purchasing model having no shortage may be determined from
1 Crore+ students have signed up on EduRev. Have you? Download the App |
Which of the following is not a part of inventory Carrying Cost?
In the basic EOQ model, if demand is ₹60 per month, ordering cost is ₹12 per order, holding cost is ₹10 per unit per month, what is the EOQ?
In ABC analysis, the following is true for ‘C ’ items:
Which one of the following statements about PRS (Periodic Reordering System) in not true?
An item can be purchased for ₹100. The ordering cost is ₹200 and the inventory carrying cost is 10% of the item cost per annum. If the annual demand is 4000 units, the economic order quantity (in units) is
45 videos|314 tests
|
45 videos|314 tests
|