Determining the cost or valuation of inventory held in a company is an important management task. Inventory often represents a large portion of total assets on the balance sheet and the method used to ...

Theories on Inventory Systems. For large corporations, inventory requirements can be determined using complex algorithms and computer programs. For small businesses, most inventory models can fit ...

Creating a perpetual inventory system at a community hospital yielded net financial improvement of $4.5 million and $2.4 million in ongoing inventory reduction savings, according to a case study by ...