Interested to Buy Any Domain ? << Click Here >> for more details...
what is eoq? WHAT IS ITS FORMULA
- 2 Answers
- 6021 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / h.r. sreepada bhagi
Economic Order Quantity (EOQ) is an inventory management
model. It's the optimal qty. of orders for stock that
minimises total of ordering and holding cost of inventory.
Formula - √2CR/H,
C = Order Cost, R = Annual usage in units, H = Annual
inventory holding cost per unit.
For more information, refer any Cost Accounting Book.
| Is This Answer Correct ? | 2 Yes | 1 No |
It is the optimum quantity of goods for which if orders are
placed, the aggregate order placing cost and the aggregate
inventory carrying cost.
The quantity per order (in units) that minimizes the total
costs of processing orders and holding inventory.
An inventory-related equation that determines the optimum
order quantity that a company should hold in its inventory
given a set cost of production, demand rate and other
variables. This is done to minimize variable inventory
costs. The full equation is as follows:
Where:
S = Setup costs
D = Demand rate
P = Production cost
I = Interest rate (considered an opportunity cost, so the
risk-free rate can be used)
| Is This Answer Correct ? | 0 Yes | 0 No |
purchase car from toyota innova 50000 cheque from one firm and 449893 from other firm.... and 1350000 loan saction from kotak mahindra.....how can entry make with interest
what is bank rate
Expand-------IETF
Answered but misspelled pl correct ADMINISTRATIVE OVERHEADS -GROSS PROFIT=(ANS.SSOL)
What is the journal entry purchase return in the books of Purchase
EXPAND___________KFCC
EXPAND_________SCM
4. Calculate the following from the particulars given below: i) Material Cost Variance ii) Material Price Variance iii) Material Usage Variance iv) Material Mix Variance v) Material Yield Variance Material Standard Actual Qty kgs. Price Rs Value Rs. Qty kgs. Price Rs Value Rs A 50 4 200 40 5 200 B 30 6 180 30 6 180 C 20 3 60 30 3 90 100 440 100 470 Loss 20 ----- 30 ----- 80 440 70 470
How is SENSEX calculated?
1 Answers FactSet Systems, Mellon,
what is ment by memorandom of association?
14 Answers Capital IQ, Nestle,
what annual retten of sale tax
Expand RMP
Audit 
