Other entrepreneurs have subsequently used this system for decision-making concerning the allocation of scarce resources, inventory items stocked, determination of the profitability of individual businesses, and the future potential of the business.
This paper discusses a new system for inventory management that was developed in conjunction with a small business to determine the value, volume, and contribution margins of the product mix.
Journal of Business Case Studies – February 2008 Volume 4, Number 2 Inventory Planning In Small Business Ina Freeman, (Email: ), Universitie de La Rochelle, France ABSTRACT This article is about an inexpensive and easily adaptable inventory maintenance system developed specifically for small business using the commonly available Microsoft Office Excel program.
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