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INVENTORY MANAGEMENT
NATURE AND IMPORTANCE Working capital as net concept, is defined as the difference between current assets and current liabilities. Current assets being those assets that are likely to be converted...
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Inventory Management-1
Today we continue out talk on inventory management. Therefore, return investment can improve if the return on sales improves and/or if the turnover ratio improves. Since, the two major components, of...
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Inventory Management-2
MOTIVE FOR HOLDING ENVENTORIES It is possible to identify three major movies for holding inventories. The transaction motive peoples a business to maintain inventories so that there are no bottlenecks...
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INVENTORY RELATED BENEFITS AND COSTS
As indicated earlier inventories include stocks of raw materials, semi-manufactured or semi-processed goods or work-in-process and finished products. While trading businesses carry inventories of the...
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