In cost management, an approach to inventory valuation in which variable costs and a portion of fixed costs are assigned to each unit of production. The fixed costs are usually allocated to units of output on the basis of direct labor hours, machine hours, or material costs.

Warehouse Bin Storage System Best Practices: Optimizing Your Warehouse Layout
Keeping a warehouse neat and organized isn’t just for show—it’s essential if you’re managing tons of products every day. A messy layout slows everything down, causes costly mistakes, and frustrates your team. On the flip side, a smartly organized bin storage system can turbocharge your warehouse’s efficiency. Let’s walk through