Establishing inventory goals for both turns and dollars

Establishing inventory goals for both turns and dollars

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Article ID: iaor1990854
Country: United States
Volume: 28
Start Page Number: 94
End Page Number: 103
Publication Date: Oct 1987
Journal: Production and Inventory Management Journal
Authors:
Abstract:

The modelling technique demonstrated considers the cause-and-effect nature of the factors involved in inventory in order to calculate theoretically correct inventory targets. This simple system can be used by almost any type of business for tasks ranging from simple estimation of an overall planning goal by top management to the establishment of specific working targets in production control.

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