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...Subject business economics paper no and title principles of finance accounting module inventory management tag bse p m table contents learning outcomes introduction types raw material work in progress finished goods stores spares objectives reasons optimal costs carrying ordering techniques abc technique analysis economic order quantity eoq graded illustrations summary after studying this you shall be able to know the meaning learn various analyze impact policies on evaluate choose level inventories are one important current assets firm they require certain investment funds organization blocked therefore loosing interest fund becomes opportunity cost holding however there should still an optimum if is too low may lose sales goodwill high it entails unnecessary blocking that why constitutes segment working capital term does not include services being sold only but also includes materials or other components used manufacturing such type depends upon fact whether case retailer a concern q...