MAC3701 CTM Study Notes Tutoring 2020

University of South Africa (Unisa)

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MAC3701 CTM Study Notes Tutoring 2020 Application of Management techniques (University of South Africa)
  • MAC3701 CTM Study Notes Tutoring 2020 Application of Management techniques (University of South Africa)

  • Study guide • 118 pages • 2020
  • STUDY UNIT 1 PLANNING AND CONTROLLING INVENTORY Factors Involved In Inventory Analysis Economic Order Quantity ABC Ltd. is engaged in sale of footballs. Its cost per order is $400 and its carryin g cost unit is $10 per unit per annum. The company has a demand for 20,000 units per year. Calculated the order size, total orders required during a year, total carrying cost and total ordering cost for the year. Re-Order Point and Safety Stock Determination of the order point is based on three factors:...
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