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Stocks Mgmt layout

This topic has 5 replies, 4 voices, and was last updated 13 years ago by bridmw.

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December 7, 2010 at 7:41 pm #46740
karenlaing
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Hi
What does OC + HC + PC stand for?
December 7, 2010 at 8:30 pm #73298
Anonymous
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where did you find this give us more information on it mate
December 7, 2010 at 10:48 pm #73299
karenlaing
Member
- Topics: 40
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The tutor referred to it tonight on the chat
December 8, 2010 at 2:09 am #73300
bridmw
Member
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OC = Ordering Costs
HC = Holding Costs
PC = Purchase Costs
December 8, 2010 at 12:22 pm #73301
kachaloo
Member
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🙂
So it is related to EOQ formulae then…
December 8, 2010 at 12:58 pm #73302
bridmw
Member
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Yes, it’s what you use when deciding between EOQ and larger order amounts needed for discounts to kick in.
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