UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 5 Issue 10
October-2018
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR1810801


Registration ID:
190358

Page Number

134-142

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Title

Inventory Analysis for stationeries

Abstract

This research paper aims in providing optimum stock levels for a businessman which plays a pivotal role in business survival and existing expansion. The paper aims at providing optimum solutions to local retailers to help them minimize their costs and maximize their profits with the help of inventory management using LPP. We have used three methods of LPP for solving this problem of inventory management in the paper. This paper also guides a businessman in solving various inventory problems using LPP. This Research paper takes a case of a local retailer who had to maintain a minimum stock level in order to avoid customer turnover. However he was unable to have an optimum mix of products. We have provided an optimum mix of different stationery products for maintaining optimum profit for the retailer. In our analysis we found out that the inventory levels which were maintained by shopkeeper were erratic. We helped him in reaching an optimum level where there were changes made in the inventory.

Key Words

Cost minimisation, Profit maximization

Cite This Article

"Inventory Analysis for stationeries", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 10, page no.134-142, October-2018, Available :http://www.jetir.org/papers/JETIR1810801.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Inventory Analysis for stationeries", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 10, page no. pp134-142, October-2018, Available at : http://www.jetir.org/papers/JETIR1810801.pdf

Publication Details

Published Paper ID: JETIR1810801
Registration ID: 190358
Published In: Volume 5 | Issue 10 | Year October-2018
DOI (Digital Object Identifier):
Page No: 134-142
Country: Mumbai, Maharashtra, India .
Area: Management
ISSN Number: 2349-5162
Publisher: IJ Publication


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