Factors Influencing Inventory Control There are a number of factors which can influence the inventory decisions. These can be broadly divided into the following categories: 1. Characteristics of
Understanding Perpetual Inventory Valuation System Under Perpetual Inventory Valuation system, the value of balances is recorded after every receipt and issue of materials. It facilitates the physical verification
Methods of Planning and Calculating Inventory Levels Inventory levels are planned by employing certain methods such as Basic stock method; Percentage variation method; Week’s supply method; and Stock
Risk and Cost of holding inventory in a firm Holding of inventory exposes the manufacturing and merchandising firms to a number of risks and costs. The various risks
Benefits of Holding Inventory in a firm Following are the benefits of holding inventory in the firm: 1. Holding Inventory avoids loss of sales In case a firm