Large companies use a variety of inventory control theories and mathematical formulas to help them optimize the production and storage of many thousands of units of products and to help them minimize ...

It's not always easy to make inventory management a priority, but if you let it slip it can take down your whole operation. Knowing how to find the just-right balance between sales and inventory is ...

Array formulas let you perform calculations across entire ranges of data in a single formula. Hence, you can handle lightning-fast lookups, filtering, and sorting with just one po ...

Steven Nickolas is a writer and has 10+ years of experience working as a consultant to retail and institutional investors. Katrina Ávila Munichiello is an experienced editor, writer, fact-checker, and ...

Advocates of centralized and decentralized inventory control can both muster arguments to support their views. Folks in the centralized camp can advance powerful arguments regarding cost savings and ...

I. Current emphasis on inventory control, 502.--II. The calculation of economic purchase quantities and reorder points, 503.--III. The interaction of economical purchase quantities and reorder point ...