Inventory analysis explained

Inventory analysis is one of the branches of Operation Research which deals in studying and understanding the stock/product mix combined with the knowledge of the demand for stock/product. It is the technique to determine the optimum level of inventory for a firm.^{[1] [2]}

Computing inventory balances

• Average-cost method
  • First in first out Last in first out

Notes and References

1. Web site: What is inventory analysis? definition and meaning. BusinessDictionary.com. en. 2017-05-05. 2017-05-19. https://web.archive.org/web/20170519030809/http://www.businessdictionary.com/definition/inventory-analysis.html. dead.
2. Web site: What is inventory analysis? - Questions & Answers - AccountingTools. www.accountingtools.com. en. 2017-05-05.