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The Functions and Costs of Inventory
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Reference: PN-320-E
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Number of pages: 16
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Publication Date: Feb 1, 1993
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Source: IESE (España)
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Type of Document: Technical Note
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Company: Sony, PlayStation, Acer, Wipro, Xerox, HP, Canon, Microsoft
Description
This note defines the concept of inventory and classifies it according to function: batch, security, advance, etc. Finally, it describes the costs entailed in a given inventory policy. A table shows the ABC classification scheme.