Working capital management

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ritu018@gmail.com (Querist)
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03 September 2011 sir what z d treatmnt of opportunity cost in wcm while there is sme tax rate and company's minimum required rate of return(after tax), both r provided in questn

thnx in adv sir

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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04 September 2011 Zero Defects (ZD) – A concept introduced by Japanese manufacturers that stresses elimination of all defects. This contrasts to the traditional American approach promoted by American military standards such as Mil Standard 105D that allowed for a certain percentage of defects, known as an “Acceptable Quality Level” or AQL.
Zero Inventory – This is a name used by some (such as Bob Hall) to describe a JIT inventory system. See JIT.
zone picking – A warehouse order picking method where the warehouse is divided into several pick zones. Order pickers are assigned to a specific zone and only pick items in that zone. Orders are moved from one zone to the next (usually on conveyor systems) as they are picked.

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