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उत्पादनासाठी किती कच्चामाल खरेदी करावा

The video is in marathi and explains and mainly highlights the planning of raw material procurement and the techniques to reduce production costs. In any industry, raw material accounts for 50 to 60 percent of the total cost, hence its proper management is essential. The author has explained in detail the concept of 'Economic Order Quantity' (EOQ) i.e. reasonable purchase quantity , in which a balance is achieved between the purchase price, ordering cost and storage cost. Since excess stocking leads to capital glut and low stocking can lead to production disruption, it is beneficial to determine the exact quantity based on the formula. This article especially guides small and medium entrepreneurs to increase profits by avoiding unnecessary expenditure on raw materials. It provides mathematical explanations through practical examples, making them aware of various invisible costs related to storage and order processing .