Costing
This query is : Resolved
08 December 2012
Can anyone tell me the logic behind formula of minimum stock level?????
09 December 2012
hi
Can you mention the formula for which you are looking for logic..
Thanks//Vaibhav
Can you mention the formula for which you are looking for logic..
Thanks//Vaibhav
09 December 2012
Minimum stock level is a level of stock which must be kept in store at all times. This is a level of an item of material below which the stock in hand is not allowed to fall. The objective of this limit is to avoid the possibility of interruption of production due to shortage of material...
09 December 2012
Thanz fr ur replies
Vaibhav formula is
Minimum st level =
reorder lvl -(avg cons x normal time)
Vaibhav formula is
Minimum st level =
reorder lvl -(avg cons x normal time)
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