Inventory is material that the firm obtains in advance of need, holds until it is needed, and then uses, consumes, incorporates into a product, sells, or otherwise disposes of. A business inventory is by its nature temporary; that is, the firm expects to hold an individual item as inventory for a relatively brief period of time. However, due to the ongoing nature of the firm's operation, aggregate or total inventory is continually being reordered and restocked. The net effect of these ongoing processes of usage and replenishment is that the firm retains a "permanent investment" in inventory. In other words, individual units come and go, but the firm generally maintains some amount or level of total or aggregate inventory. These inventory assets can be as important to the financial structure of the firm as is investment in, for example, plant and equipment.
Inventory management and control consists of developing good answers to the following questions:
A. Which items will the firm carry as inventory?
B. Where in the logistics system will these inventories be maintained?
C. How large will the inventory for each item be?
Inventory by its nature is dynamic over time. For a typical item with a long product lifetime, inventory stocks rise with replenishment actions and fall with usage or consumption. Decisions about the size of the inventory are therefore implemented over time by monitoring and adjusting the sizing and the timing of inventory replenishment quantities to bring about the desired average or aggregate inventory size. The larger issue here is to determine what an appropriate or correct inventory posture might be for the firm. To answer this question, the analysis must carefully consider:
A. The benefit provided by the inventory. That is, what purpose does the inventory serve, and what is the value of that service?
B. The total cost of the inventory. Many of these costs are obvious, but some others are not. An understanding of the true costs associated with inventory is essential.
C. Other logistics options that could be used in place of inventory. For example, it may be possible to replace an investment in inventory with premium or high speed freight service.A key insight to consider here is that inventory is can often be viewed as a cost-reduction tool. The real purpose of inventory is to reduce the total costs involved in the operation of the logistics system. There is usually a way to reduce the level of inventory in a system, but sometimes these alternatives are simply too costly. This is another way of saying that sometimes holding inventory is the cheapest and best way to solve a logistics problem.
求各位大侠帮忙翻译一篇短的阅读理解
在你生命中的某一段时期,你可能有种强烈的愿望去做一些奇怪恐怖的事情。然而,你并不会冲动地去做这些事情,而是让他们随着时光流逝。你明白,在某个层面上,把这些事情付诸行动是不对的,周围的其他人可能也无法接受你的行为。也许,关于禁忌行为现象最有趣的事情莫过于在这么一个同样的社会里,几年...
请各位大侠帮忙翻译一段话(中译英),谢谢!!
the mother looks like a book: In we have the puzzled time explains the doubts for us, indicates the direction for ours life path.母亲就像一盏灯:在漆黑的夜晚,为我们照亮那盏最亮的灯,为我们照亮我们人生应该走的路。the mother looks like a lamp: In the jet black night, is we ...
请各位大侠帮我翻译一下这篇英语文章!谢谢了
love永远不会变老。华发或会失去原有的光彩。脸颊可能褪色和消失。有爱的心却不知道,冬天的寒霜,夏季温热。当我在阳光下行走,我可以闻到甜蜜的阳光的味道。冬天的寒霜带走了收费的老风车,虽然离开郁郁葱葱的biuegrass。随着时间的推移,感觉cameflooding回来,六月雷暴,我仍能感觉到它的重要。然而,我...
各位大侠,帮忙指点一下如下句子英文翻译!!
Company provides: open mode want to pay the entire fee must be sent after the Samples section, but we can confirm your order after End Samples in order to deduct the total amount of fees proofing.
请各位大侠帮忙翻译下面的话,不要机译, 谢谢
个人的に运赁が高く付くと思いますので、一つ无偿で送るように申し出ました。そのB型については残して使用して下さい。A型のスタンドと置き换えばご利用可能です。この解决方法について御満足できれば幸いです。御理解を御愿い致します。
文言文。。。555~,小女纸,在此谢谢各位大侠啦!!~~翻译一下
您好,我来试着回答一下您这个问题吧!您这个故事是蒋干盗书的典故,周瑜做了一封假的信,大概意思是说:蔡瑁和张允(因为蔡瑁和张允是曹军阵中为数不多山打水仗的将领)是隐藏在曹操阵中的间隙,周瑜装醉就是让蒋干趁着自己醉了把那封假信偷回去,趁机除掉蔡、张二人。希望能够后帮到您,望采纳!
谁能翻译一下,跪求!!! 谢谢各位大侠 实在看不懂啊
邵氏的感觉传递给在悉尼的母亲弗林特,在大女儿完成二年级以前把在穆斯林学校的两个女儿退学。弗林特认为这所学校是没有履行伊斯兰价值观。后来,她对学校的看法恶化,因为她读了美国约翰泰勒加托,一个以前获奖的老师,现在宣传“义务教育是暴政” 加托描绘学校成社会工程的工具,那里孩子们被教导教育知道自己...
各位大侠们,请把以下名言翻译成英文。谢谢! 1.善于利用零星时间的人...
Those that make the best use of their time will make greater achievements.
各位大侠帮忙翻译一下这句日语吧~~~
拜托预定船期。然后,本次的货运代理预约请与附件的代理联系。这边也计划由海运代理跟贵公司联系,拜托对应。详情等到了现场再细谈。乙仲様(おつなか)船运代理的通称。定期船运叫【乙仲】,二战前日本的“海运组合法”规定的。现在法已经废止,叫法还沿用。参考:不定期船运叫【甲仲】。
请各位大侠给我翻译一下。
我想阅读可以丰富我的知识(原文不应该用enlarge,而应该用enrich)。 As for novels, I could imagine whatever I like such as a well-known scientist or a kung-fu master.(这句语言逻辑太差,估计意思是小说的话我能想到\/比较偏好科幻和武侠)。除了阅读以外,我爱打电脑游戏。很多大人认为玩电脑...