Control on total distribution cost involves managing and optimizing all expenses associated with getting products from suppliers to end customers. This includes costs related to transportation, warehousing, inventory management, and order fulfillment. Effective control requires analyzing data to identify inefficiencies, implementing strategies for cost reduction, and leveraging technology for better logistics management. By ensuring that these costs are minimized without compromising service quality, businesses can enhance their overall profitability.
Inventory cost
A monopoly occurs when one company has total control in the production and distribution of a product or service.
profit centre is responsible for a) cost incurred b) total investment c) revenues earned and cost incurred
The best distribution type for minimizing cost typically depends on the specific context and constraints of the problem. However, in general, a normal distribution is often favored in cost optimization scenarios due to its properties of symmetry and predictability, which allow for efficient resource allocation. Additionally, using a Poisson distribution can be effective for modeling discrete events with low probabilities, such as rare defects in manufacturing, thereby helping to minimize costs related to quality control. Ultimately, the choice should align with the data characteristics and the nature of the costs involved.
total control.If someone creates a monopoly of market for a particular product, they have nearly all control over the sales and distribution of that product. This is bad for consumers, as it generally means high prices without the ability to shop around for a cheaper product or service.
distribution channel control
Total cost/ full cost which include Prime Cost *Direct Labour cost *Direct Material Cost *Direct expenses Production Overhead *Variable Overhead *Fixed Overhead Selling and Distribution cost Administration Cost
Inventory cost
A monopoly occurs when one company has total control in the production and distribution of a product or service.
No. Distribution is a separate company function.
Advancements in production and distribution methods came to focus on cost-containment, inventory control and asset management.
The total area of any probability distribution is 1
Overhead cost
cost sheet is division of three parts like 1.factory overheads,2.administration overheads,3.selling & distribution overhead. on the basis of this total exact cost is caculated,as it is too important for and cost & work accountant.
profit centre is responsible for a) cost incurred b) total investment c) revenues earned and cost incurred
What is weight distribution?
The best distribution type for minimizing cost typically depends on the specific context and constraints of the problem. However, in general, a normal distribution is often favored in cost optimization scenarios due to its properties of symmetry and predictability, which allow for efficient resource allocation. Additionally, using a Poisson distribution can be effective for modeling discrete events with low probabilities, such as rare defects in manufacturing, thereby helping to minimize costs related to quality control. Ultimately, the choice should align with the data characteristics and the nature of the costs involved.