Inventory levels of service parts can be reduced and therefore reduce total inventory costs.

Ordering this quantity will result in the lowest total inventory cost per year.

"On the dealer, with his inventory costs, it's a problem."

Amazon executives said the company had started a major initiative to make sure its fulfillment and inventory costs fall as a percentage of sales.

Record stores want to cut their inventory costs and do not like stocking each recording in three formats.

Further, inventory costs are increased because a company is constantly buying newly designed parts.

It is closely related with ending inventory cost, which is the amount of money spent to get these goods in stock.

In addition, an inventory cost is charged based on average inventory level of each item.

In such a situation, it is necessary to estimate the inventory cost.

Specific identification is a method of finding out ending inventory cost.