Can I read Understanding Inventory Costs and Management on EtoBox?

Understanding Inventory Costs and Management by lsurendra is a document available to read on EtoBox.

What is Understanding Inventory Costs and Management about?

Here are the calculations for Nittany Fans: EOQ = √(2*Annual demand*Ordering cost)/(Carrying cost rate*Unit value) = √(2*36000*$200)/(0.25*$4000) = 480 units Total cost of EOQ (not including transportation) = 1/2 * EOQ * Unit value * Carrying cost rate + Ordering cost/Orders per year = 1/2 * 480 * $4000 * 0.25 + $200/36000/480 = $1920 Total cost using rail = EOQ cost + In-transit inventory cost = $1920 + 480 * $4000 * 0

Author

lsurendra

Language

EN