Abstract
Stock is a major element of the working capital of many organisations. Hence its proper control is crucial to the health of the business. Stock can be of raw materials, of work-in-progress or of finished goods awaiting despatch. Which of these is most important will vary from business to business and in some cases two or even all these will be of major importance.
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Notes
R.G. Brown, Decision Rules for Inventory Management (New York: Holt, Rinehart and Winston, 1967).
G. Hadley and T.M. Whitin, Analysis of Inventory Systems (Englewood Cliffs, NJ: Prentice-Hall, 1963).
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© 1986 T. A. Burley and G. O’Sullivan
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Burley, T.A., O’Sullivan, G. (1986). Stock Control. In: Work Out Operational Research. Macmillan Master Series. Palgrave, London. https://doi.org/10.1007/978-1-349-08157-8_6
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DOI: https://doi.org/10.1007/978-1-349-08157-8_6
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-39618-6
Online ISBN: 978-1-349-08157-8
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