![]() (2001), "Relationships between inventory, sales and service in a retail chain store operation", International Journal of Physical Distribution & Logistics Management, Vol. ![]() Finally, demand uncertainty was found to have no apparent effect on inventory levels. Also, greater product variety leads to higher inventory, and service level is an exponential function of inventory. Specifically, support was found for the theory that inventory is a function of the square root of sales. The economic order quantity (EOQ) refers to the ideal order quantity a company should purchase in order to minimize its inventory costs, such as holding costs, shortage costs, and order costs. As expected, significant positive relationships were found between inventory, service and sales. Well-established owner-operated pool service business consists of 45. Seventy‐five percent of the store owners/managers responded to the mail survey. Based in Cherry Hill, NJ, WJ Home Inventory offers examiner appraisal and contents inventory services in the State of New Jersey and Eastern Pennsylvania. Based on a survey of 101 chain store units, this paper develops and tests a series of hypotheses about retail inventory. Surprisingly, there is little published empirical research examining relationships between retail inventory, sales and customer service. With the outstanding quality, the abundant inventory and the best service, Wey Juan Solid Carbide End Mills will definitely meet your demands Home Company. Effective inventory management is critical to retailing success. ![]()
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