Inventory Analysis
Date of Submission
1987
Document Type
Thesis
Degree Name
Master of Science in Accounting
Department
Accounting
Advisor
Eleanor Fillebrown
LCSH
Inventory control--Accounting, Material accountability--Accounting
Call No. at the Univ. of New Haven Library
AS 36 .N29 Acc. 1987 no. 1
Abstract
Inventory analysis is one of the most important items to determine the effectiveness and the efficiency for most companies.
It is very important for management's decision to determine the amount of inventory to be held during a period of time. How much to keep inventory in hand is becoming more and more important in the rank of management.
The measurement of inventories is necessary because of their significance as a basic resource of many firms and because the basis of valuation of inventories has a direct effect on the reported income and the fund flow presentation. Different methods and procedures for keeping and valuation of inventories are accepted and have different effects on the reported income.
Recently, Just-in-Time (JIT) has become more and more well-known in the management ranks. Basically, JIT tries to eliminate inventories and all items that add costs but do not add value to the inventory. Just-in-Time is simply produce the necessary products at the right time, with the right amount, -- at low costs, and with high quality, short lead time, and flexibility.
Recommended Citation
Al-Taher, Said Hasan, "Inventory Analysis" (1987). Master's Theses. 1.
https://digitalcommons.newhaven.edu/masterstheses/1