What is the theoretical background of Inventory Management?

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What is the theoretical background of Inventory Management?

commented Jul 7, 2013 by anonymous

commented Jul 8, 2013 by joesen18 Level 1 Member (1.6k points)

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Kapig · Answer 1 · 2013-07-07T15:04:35+0000

Inventory management would have evolved in the backdrop of following questions:
- How much we have in hand?
- How much we need in the future?
- How much we should keep in hand & for how long?
- When should be place next order & much we buy in the next order ?

What is the theoretical background of Inventory Management?

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