Document Type
Thesis - Open Access
Award Date
1966
Degree Name
Master of Science (MS)
Department / School
Mechanical Engineering
Abstract
At one time excess inventories were considered advantageous, but today they are regarded as the major cause of business failures. Most often, inventories deal the severest blow to the new entrepreneur because he cannot afford to have capital tied up in inventory during a seasonal slump. One of the factors that has aggravated the problem of inventories has been the trend towards product diversification in the past 25 years. Management of inventories is recognized today as one of the key responsibilities in achieving continuous and economical plant operation. Inventory dollars are no longer regarded as a drain on working capital; they are a factor to be used and administered with skill and intelligence. (see more in text)
Library of Congress Subject Headings
Production control
Stores and stockroom keeping
Format
application/pdf
Publisher
South Dakota State University
Recommended Citation
Kaleemuddin, Syed Khaja, "A Procedure for Planning Production and Determination of Inventory" (1966). Electronic Theses and Dissertations. 3207.
https://openprairie.sdstate.edu/etd/3207