PPT - EOQ B Com Notes | EduRev

Cost Accounting

Created by: Universal Academy

B Com : PPT - EOQ B Com Notes | EduRev

 Page 1


Presentation 
On
Economic order quantity
‘EOQ’
Page 2


Presentation 
On
Economic order quantity
‘EOQ’
2
Team members
       Mr. Aditya Nakshane;
       Mr. Brijesh kumar;
                                                          
  Mr. Kumud shankar;
                                                          
  Mr. Pushpendra; &
                                                          
  Mr. Sikandar Kushwaha
Page 3


Presentation 
On
Economic order quantity
‘EOQ’
2
Team members
       Mr. Aditya Nakshane;
       Mr. Brijesh kumar;
                                                          
  Mr. Kumud shankar;
                                                          
  Mr. Pushpendra; &
                                                          
  Mr. Sikandar Kushwaha
3
Inventory
Definition
“The term inventory include materials- raw, in 
progress, finished packaging, spares, and 
other stock in order to meet an un expected 
demand or distribution in the future.”
Page 4


Presentation 
On
Economic order quantity
‘EOQ’
2
Team members
       Mr. Aditya Nakshane;
       Mr. Brijesh kumar;
                                                          
  Mr. Kumud shankar;
                                                          
  Mr. Pushpendra; &
                                                          
  Mr. Sikandar Kushwaha
3
Inventory
Definition
“The term inventory include materials- raw, in 
progress, finished packaging, spares, and 
other stock in order to meet an un expected 
demand or distribution in the future.”
4
Inventory cost
 Ordering costs;
 Carrying cost;
 Capital cost;
 Store space cost;
 Inventory service cost; &
 Inventory risk cost;
Page 5


Presentation 
On
Economic order quantity
‘EOQ’
2
Team members
       Mr. Aditya Nakshane;
       Mr. Brijesh kumar;
                                                          
  Mr. Kumud shankar;
                                                          
  Mr. Pushpendra; &
                                                          
  Mr. Sikandar Kushwaha
3
Inventory
Definition
“The term inventory include materials- raw, in 
progress, finished packaging, spares, and 
other stock in order to meet an un expected 
demand or distribution in the future.”
4
Inventory cost
 Ordering costs;
 Carrying cost;
 Capital cost;
 Store space cost;
 Inventory service cost; &
 Inventory risk cost;
5
Inventory management & control
Inventory management involves the:
 “Development and administration of policies 
systems and procedures, which will minimize 
total cost related to inventory decisions and 
related functions such as production 
scheduling, purchasing and traffic”.
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