Inventory Control (part a) Example 1

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Comments

  1. Is there a way to download this video?

  2. can not watch the video it says server not found

  3. this is the best study material i have seen. so sad im just discovering open tuition.. after wasting so much money on lsbf and still didnt pass.thanks so much

  4. very nice…

  5. This video is not playing :(

  6. aren’t open tuition’s notes enough to read? do we really have to study text book?

  7. Very clear and easily understood..thanks Sir!

  8. Superb. As usual.

  9. thanks for explaining in the example however is there a formula to work out inventory cost like EOQ

    • @fourteenapril2012, You can invent your own formula if you want, but in the exam you will be tested that you understand – not that you have just learned a formula for the cost. So do not learn a formula – make sure that you understand how the costs have been calculated. Once you understand then it is very easy.

  10. cant see the video,help pls

  11. wow could someone plz walk him to an exam centre, he might get lost.

  12. how do i log in to get some notes on F2 on line please help!

  13. Very nice lecture

  14. very very good explaining, thank u soooo much SIR.

  15. Great lecture. I struggled understanding this straight from the text book. Thanks!

  16. good way of explaining a complex subject .

  17. How to calculate the Stockholding cost p.a ? thanks!

  18. is it helpful for self study because i only taking lectures from open tuition.

  19. understandable lectures! thanks Open Tuition
    My question is that if i will take all lectures, i can go for examination. Because i only taking lectures from open tuition.

    • @success4u, You should also make sure that you study from one of the study texts available. It is also very useful to have a Revision/Exam Kit, because practicing questions is the best way of all of learning for the exam.

  20. Thanks for such a nice and understandable lecture

  21. Very good explanation

  22. for the lding cost calcuation, where its divided by 2 to get the average. i understand the graph drawn to illustrate how and why the average was calculated. but my question is why not take the whole qantity? instead of the average, which will give only an approximation.

    • @zeeprincess, we assume that holding costs are charged on a day by day basis – a large cost when the warehouse is full, and no cost when it is empty.
      So the total cost over the year will be the average inventory level multiplied by the holding cost per unit.
      I do not see why the average is an approximation!

  23. I can’t see the video

  24. wow! this was excellent illustrated… god bless you open tuition.. :)

  25. The purchase cost will stay the same regardless of the quantity being ordered. However in later chapters when discounts is introduced the purchase price/cost will become relevant in the decision making.

  26. hi,

    i’m having a dought in chapter 5 Ex. 01. In calculating inventory cost y we r nt considering the purchase cost????

  27. is the holding cost will remain same for next order

  28. Is holding cost is always divided by 2 or just for this example?

    /

  29. thank you :-) great teacher

  30. very useful….. thanks

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