Inventory Costs

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  • 1 Types
Definitions
Base Stock
Base Stock Inventory Management Stock Valuation Constant Stock Levels Financial Accounting Inventory Costs
A certain volume of stock, assumed to be constant in that stock levels are not allowed to fall below this level. When the stock is valued, this proportion of the stock is valued at its original cost. This method is not normally acceptable for financial accounting purposes.
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Definitions
Economic Order Quantity (EOQ)
Economic Order Quantity Inventory Management Cost Minimization Order Quantity Supply Chain Management Inventory Costs
The Economic Order Quantity (EOQ) is a formula used by businesses to determine the optimal order quantity that minimizes the total inventory costs associated with ordering and holding stock.
Read more about Economic Order Quantity (EOQ).

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