| Article ID: | iaor1991426 |
| Country: | United States |
| Volume: | 30 |
| Start Page Number: | 32 |
| End Page Number: | 35 |
| Publication Date: | Jul 1989 |
| Journal: | Production and Inventory Management Journal |
| Authors: | Tersine Richard J., Toelle Richard A. |
A clear distinction must be made between inventory as a financial asset and inventory as an operational liability. The causes of excess inventory and a simple economic model for its liquidation are presented.