Answer Posted / 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 |
Post New Answer View All Answers
What's the meaning of Preferential Creditor?
What is the Branch Accountant Responsbilities ?
legal accounting methods to reduce profit of a partnership firm so as to reduce the tax liability?
What is the due date for filing monthly & annual sales tax returns in karanataka
what is undisclosed profit? explain
let me know the meaning and Nature of cash
Is it correct to covered fesibility report expenses and survey expenses in pre-operative exepenses ?
what are responsibilities of an accountant in a company?
Can I check my Vantage credit score range online?
What do we mean by the term "Securities" when we say that "Govt injecting/sucking liquidity in/out of the system by buying/selling securities?
Suresh agreed to adjust Ramesh due amount of Rs 15000- from his credit balance
Please suggest the manual records needed to be maintained at NGO/CBO to record the transactions of accounts & inventory. Please also mention the need & purpose of each records/books
do we have to learn all the shortcutkeys in tally.i am from non commerce background ,where should i start from.
Cost center 60500 in controlling area 1000 is locked for revenue postings on 31.03.2008.Now How can I Assign the account to another cost center or allow cost center 60500 to again accept revenue postings.
Short Answer on __________Measurement
