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Relevant carrying costs - PowerPoint PPT Presentation

ADVANCED MANAGEMENT ACCOUNTING

ADVANCED MANAGEMENT ACCOUNTING

ADVANCED MANAGEMENT ACCOUNTING. Inventory Management: Economic Order Quantity, JIT, and the Theory of Contraints. Learning Objectives. Describe the traditional inventory management model. Describe JIT inventory management. Explain the basic concepts of constrained optimization.

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845 views • 65 slides
Inventory Management, Just-in-Time, and Backflush Costing

Inventory Management, Just-in-Time, and Backflush Costing

Inventory Management, Just-in-Time, and Backflush Costing. JOIN KHALID AZIZ. ECONOMICS OF ICMAP, ICAP, MA-ECONOMICS, B.COM. FINANCIAL ACCOUNTING OF ICMAP STAGE 1,3,4 ICAP MODULE B, B.COM, BBA, MBA & PIPFA. COST ACCOUNTING OF ICMAP STAGE 2,3 ICAP MODULE D, BBA, MBA & PIPFA. CONTACT:

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980 views • 61 slides
Inventory Management, Just-in-Time, and Backflush Costing

Inventory Management, Just-in-Time, and Backflush Costing

Inventory Management, Just-in-Time, and Backflush Costing. Chapter 20. Learning Objective 1. Identify five categories of costs associated with goods for sale. Costs Associated with Goods for Sale. 1. Purchasing costs include transportation costs. 2. Ordering costs include receiving and

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1.06k views • 57 slides
Inventory Management, Just-in-Time, and Backflush Costing

Inventory Management, Just-in-Time, and Backflush Costing

Inventory Management, Just-in-Time, and Backflush Costing. Chapter 20. Learning Objective 1. Identify five categories of costs associated with goods for sale. Costs Associated with Goods for Sale. 1. Purchasing costs include transportation costs. 2. Ordering costs include receiving and

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1.04k views • 57 slides
Inventory Management, Just-in-Time, and Backflush Costing

Inventory Management, Just-in-Time, and Backflush Costing

Inventory Management, Just-in-Time, and Backflush Costing. Chapter 20. Learning Objective 1. Identify five categories of costs associated with goods for sale. Costs Associated with Goods for Sale. 1. Purchasing costs include transportation costs. 2. Ordering costs include receiving and

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621 views • 57 slides
Inventory Management, Just-in-Time

Inventory Management, Just-in-Time

Inventory Management, Just-in-Time. Chapter 20. May 9, 2005. Inventory Management. Planning, coordinating and controlling activities related to the flow of inventory into, through and out of the organization Inventory accounts for 40% of cost in manufacturing companies; 70% in merchandising

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872 views • 36 slides
Costs Associated with Goods for Sale

Costs Associated with Goods for Sale

Costs Associated with Goods for Sale. 1. Purchasing costs include transportation costs. 2. Ordering costs include receiving and inspecting the items in the orders. 3. Carrying costs include the opportunity cost of the investment tied up in inventory and

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273 views • 16 slides

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