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EOQ | Reorder Quantity| EBQ | Reorder Level | Stock Levels | CMA | ACCA| CA | Commerce Specialist |
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This video from Commerce Specialist is about Inventory Management & Control. Detailed explanation is given on how to calculate EOQ, how to calculate EBQ, how to determine whether to deviate from EOQ and avail discounts. Other concepts and calculation like Maximum Stock, Minimum Stock, Safety Stock and Average stock are also discussed.
About:
Commerce Specialist is a Certified Management Accountant (CMA) from USA, is a Fellow of member of HEA UK, holds Certification in International Auditing from ACCA-UK, member of IFA UK and IPA Australia, also holds a Bachelors in Accounting, A teaching qualification of B.Ed., an MBA in Finance along with over 20 years’ experience of working in various MNCs in different sectors including Banking, NBFIs, Retail, Oil & Gas, Telecommunication, and top business schools, colleges and universities.
#economicorderquantity #ebq #stocklevels
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