|GDB #1||Dated: Nov 16, 15|
Graded Discussion Board
Cost and Management accounting (mgt402)
This is to inform that Graded Discussion Board (GDB) No. 01 will be opened on November 17, 2015 for discussion and last date for posting your discussion will be November 20, 2015.
Topic/Area for Discussion
“Control Over Material”
This Graded Discussion Board will cover Audio/Video lessons #9.
Learning Objectives: The students are expected to learn and apply the economic order quantity model in different situations.
Raza and Hamza were the famous entrepreneurs of Lahore due to their retailing skills in the business of instant geyser and imported refrigerators. As winter starts, they both purchase instant geyser from Rehman Manufactures to sell at their showrooms. Raza knows that order setup cost with Rehman Manufactures is Rs. 200 and the annual inventory holding cost is Rs. 400. Raza expects that Hamza has the same cost figure. Raza has accidently learned that Hamza is ordering 10 instant geysers every time he orders .
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