Please clear my these Doubts in a very simple way or say like ur teaching to a layman...
1 WHAT IS LOGIC BEHIND THE FORMULA OF EOQ ie EOQ= ROOT 2AB/CS
2 HOW EOQ = ROQ
3 WHAT IS LOGIC BEHIND THIS FORMULA OF REORDER LEVEL IE REORDER LEVEL= MAXIMUM USAGE PER DAY*MAXIMUM LEAD TIME
AND ONE MORE DOUBT IF ANYONE IS IPCC STUDENT PLEASE CHECK AND TELL ME
IN PAGE NO 2.31 OF COSTING MODULE IPCC
IN EQUATION 3 ie 1/2*Q*I WHY THEY HAVE TAKEN 1/2
I request everyone in caclubindia kindly help me to clear this doubt
CAclubindia
