Abstract
At the end of 2005, US-companies held inventories worth 1.41 trillion $ or 11 % of the real GDP (Survey of Current Business, April 2006). This figure does not include governmental or non-profit organizations. Manufacturing accounts for 32 % of the inventory, wholesale for 22 % and retail for 28 %. The sum-in-itself already indicates the importance of inventory management.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
Copyright information
© 2007 Springer Fachmedien Wiesbaden GmbH, part of Springer Nature
About this chapter
Cite this chapter
Möllering, K. (2007). Basic Concepts of Inventory Management. In: Inventory Rationing. Edition KWV. Springer Gabler, Wiesbaden. https://doi.org/10.1007/978-3-658-24255-8_2
Download citation
DOI: https://doi.org/10.1007/978-3-658-24255-8_2
Published:
Publisher Name: Springer Gabler, Wiesbaden
Print ISBN: 978-3-658-24254-1
Online ISBN: 978-3-658-24255-8
eBook Packages: Business and EconomicsEconomics and Finance (R0)