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It is generally accepted that inventories cost money, but often only the cost of capital tied up in stock is considered, and management attempts to keep inventory levels as low as possible. Scientific inventory management takes into account other costs such as the costs of ordering and of running o...

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Bibliographic Details
Main Author: J. C. Engelbrecht
Format: Article
Language:English
Published: AOSIS 1970-02-01
Series:South African Journal of Business Management
Subjects:
Online Access:https://sajbm.org/index.php/sajbm/article/view/3776