Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. what factors would influence the inventory levels

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

50.1K

Verified Solution

Question

Accounting

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

Answer & Explanation Solved by verified expert
4.0 Ratings (714 Votes)
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
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

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

Other questions asked by students

Finance
1.2K views

1) list five differences between a commercial loan and an investment security. 2) which carries the lower...

Finance
1.2K views

Investment Timing Option: Decision-Tree Analysis The Karns Oil Company is deciding whether to drill for oil...

Biology
1.2K views

Discuss how physician payments can be adjusted for the price differences among various parts of the...

Psychology
1.2K views

1.Summarize the Davis -Moore thesis. illustrate how the thesis works with various types of jobs the...

Mechanical Engineering
1.2K views

Problem 1 Weekly assignment 2 (15%) Briefly discuss the definition, parts, advantages, applications, and examples of some projects done...

Accounting
1.2K views

Sales Territory and Salesperson Profitability Analysis Havasu Off-Road Inc. manufactures and sells a variety of commercial vehicles...

Biology
1.2K views

One difference between sieve tube cells and vessels is that sieve tube cells are but...

Physics
1.2K views

What is the frequency in Hertz of a simple pendulum on Earth if it has...

Algebra
1.2K views

Bonnie has 42 feet of fencing around her garden The garden is rectangular in shape...

Accounting
1.2K views

Accounting
1.2K views

I am so confused on everything. Please explain step by step. Even on how you...

Accounting
1.2K views

Gig Harbor Boating is the wholesale distributor of a recreational sailboat. Management provided the following...