An inventory management system for the Purchasing Department of Bilkent University

Date
1991
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Erel, Erdal
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Bilkent University
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Language
English
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Abstract

ABC Classification enables management to establish an effective inventory management system. The Economic Order Quantity (EOQ) model minimizes the costs associated with ordering items and holding stocks. This study applies the ABC method and the EOQ model to examine the inventory profile of Bilkent University so that it will aid management in lowering inventory costs and controlling stocks more effectively.

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