Please enable JavaScript.
Coggle requires JavaScript to display documents.
INVENTORY MANAGEMENT, Purpose of holding inventories, Objective of…
INVENTORY MANAGEMENT
-
-
Raw Material
it consist of basic raw materials purchased from other firms to be used in the firm' production process
EOQ MODEL
Carrying cost (CC)
The higher order quantity, the higher total carrying cost
-
-
-
-
-
-
-
-
-
:pencil2: Delay or complication in any of the process will not intercept the firm's capacity to produce good
-
-
-
:!: focus on basic cost: order cost,carrying cost and total inventory
-
-