Inventory policy cost is the sum of inventory carrying cost and lost sales cost. IPC = ICC + LSC...
Lost sales cost (LSC) is the revenue lost when we are not able to satisfy...
The inventory to sales ratio (ISR) is as it implies; it is the ratio of...
The average inventory value is computed as the average over time of the sum of...
Suppose you were sick and went to the doctor for a diagnosis and prescription. When...
Many people argue that EOQ analysis is outdated. I argue that despite its deficiencies, an EOQ analysis...
SKU Status Inventory Profiles reveal the amount of inventory ($s, units, days, etc.) in raw material, work-in-process,...
SKU Age Inventory Profiling shows the amount of inventory ($s, units, days, etc.) in SKUs that...
This profile considers a variety of SKU types in one analysis – domestic vs. internationally source SKUs,...
The Forecast Bias Profile reveals SKU by SKU the deviation of the forecast from perfect. An ideal...
On the left (in green) is the ratio of the standard deviation of the mean...
The Customer Location Inventory Profile shows the amount of inventory ($s, units, days, etc.) at...