Buying unnecessary inventory costs your business money. Conversely, inadequate inventory can lose sales. Accountants and analysts have developed a number of metrics for judging how efficiently your ...

A sample is a product given to a potential customer for free by a manufacturer, distributor or retailer for testing with the intention of persuading them to buy the product. These customers are ...

To implement a warehouse improvement program you have to understand the numbers and know that key factors that can change the numbers. To identify the catalyst, examine the fulfillment errors in each ...

An order-level inventory model is developed for deteriorating items with uniform rate of production and stock-dependent demand. Shortages are allowed, and excess demand is backlogged. Results are ...