CHAPTER 1 - PREFACE INTRODUCTION
The project entitled “A STUDY ON INVENTORY MANAGEMENT” in LUCAS-TVS was carried for a period from 4th to 31st of July, 2012. This study enables to understand the various techniques that are used in inventory management. The techniques such as inventory turnover ratio, ABC analysis and EOQ have been applied in this project. Inferences are drawn using the above said techniques. Inventory means physical stock of goods which is kept in hands for smooth and efficient running of future affairs of an organization at the minimum cost of funds blocked in inventories. The fundamental reasons for carrying inventory is that it is physically
Bibliography: INTRODUCTION The project entitled “A STUDY ON INVENTORY MANAGEMENT” in LUCAS-TVS was carried for a period from 4th to 31st of July, 2012.