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What factors would influence the inventory levels for a company? How would one determine the optimum...

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Accounting

What factors would influence the inventory levels for acompany? How would one determine the optimum level?

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FACTORS INFLUENCING INVENTORY LEVEL Many factors influence inventory levels The principal effects of these factors are reflected most strongly in the levels of inventory and the degree of control planned in the inventory control system Type of Product If the materials used in the manufacture of the product have a high unit value when purchased a much closer control is usually in order Jewelers are much more careful with their stock of diamonds than they are with display cases    See Answer
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What factors would influence the inventory levels for acompany? How would one determine the optimum level?

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