Some basic problems in inventory theory: The financial perspective

This paper focuses the attention on the financial perspective of some basic problems in inventory theory, introducing new approaches in order to deal with them. For inventories appraisal under certainty, the approach based on net present value analysis has been suggested instead of the common average cost analysis. For the temporary sale-price problem, the adjusted present value method has been used versus the standard net present value. Finally, differences in horizon issues between new and old approaches and methods have been discussed.