A SYSTEM DYNAMICS MODEL TO DETERMINE THE VALUE OF INVENTORY HOLDING COST
Traditionally, Inventory Holding Cost (IHC) is assumed to be a combination of several costs and determined by the summation of these cost components. Several authors have suggested that the value of IHC ranges between 12-50% of the procurement cost of an item. However, due to the absence of a gener...
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Autores principales: | BABATUNDE OMONIYI ODEDAIRO, EMILOLA HELEN ALABA, INYENEOBONG EDEM |
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Formato: | article |
Lenguaje: | EN |
Publicado: |
Alma Mater Publishing House "Vasile Alecsandri" University of Bacau
2020
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Materias: | |
Acceso en línea: | https://doaj.org/article/51af5d55fb2343879e5c5e51899136b5 |
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