Material Scheduling or Routing

Material Scheduling or Routing
Concept of Material Scheduling or Routing
- Material scheduling or routing is a system of controlling the material scientifically norma...}

Material Scheduling or Routing
Store Keeping
- Types of stores: Centralized store, decentralized and centralized stores with sub-stores.

Material Scheduling or Routing
Issuing of Materials
- Pricing of materials returned to vendor: Materials purchased may be returned to the supplie...}

Material Scheduling or Routing
Stock Level or Inventory Management
- Cost accounting is the branch of accounting that deals with the classification, allocation,...}

Material Scheduling or Routing
Labor Cost
- The success of an organization depends on a large extent upon the quality of person w...}

Material Scheduling or Routing
Department Involved in Labor cost control and their functions
- Cost accounting department is responsible for the accumulation, classification and an...}
Material Scheduling or Routing
Eoconomic Order Quantity
- It is the size of the lot to be purchased which is economically viable or which can be purc...}