Fixation of inventory levels

Question

Give a brief introduction of the term Fixation of inventory levels?

Answer 1

Fixation of inventory levels : Fixation of inventory levels makes easy the maintenance and control of various materials in an appropriate way. But, following points must be kept in mind: Only fixation of inventory levels does not makes easy inventory control. A steady watch on the real stock level of materials must be kept so that appropriate action can be taken in time the levels which are fixed are not for enduring basis and are subject to usual revision.