INVENTORY MANAGEMENT, SERVICE LEVEL AND SAFETY STOCK

There are many studies that emphasize as a first objective of inventory management to minimize the value invested in inventory because it has a direct impact on return on assets. This approach is not fully correct. The actual objective is to determine the value and the mix of inventory that support...

Full description

Bibliographic Details
Main Author: Alin Constantin RĂDĂŞANU
Format: Article
Language:English
Published: Technopress 2016-06-01
Series:Journal of Public Administration, Finance and Law
Subjects:
Online Access:http://www.jopafl.com/uploads/issue9/INVENTORY_MANAGEMENT_SERVICE_LEVEL_AND_SAFETY_STOCK.pdf