{"id":4809,"date":"2025-05-07T15:35:32","date_gmt":"2025-05-07T10:05:32","guid":{"rendered":"https:\/\/study.madeeasy.in\/?p=4809"},"modified":"2025-07-19T12:28:36","modified_gmt":"2025-07-19T06:58:36","slug":"inventory-control","status":"publish","type":"post","link":"https:\/\/www.madeeasy.in\/study\/me\/industrial-engineering\/inventory-control","title":{"rendered":"Inventory Control"},"content":{"rendered":"<p style=\"text-align: justify;\">The item which are either stocked for sale or they are in process of manufacturing or they are in the form of material which are yet to be utilized.<\/p>\n<h2 style=\"text-align: justify;\">Reasons to Keep Inventories<\/h2>\n<ul>\n<li style=\"text-align: justify;\">To stabilize production<\/li>\n<li style=\"text-align: justify;\">To take advantage of price discount<\/li>\n<li style=\"text-align: justify;\">To meet demand during replenishment<\/li>\n<li style=\"text-align: justify;\">To prevent loss of order<\/li>\n<\/ul>\n<h3 style=\"text-align: justify;\">Important Costs Associated With Inventories<\/h3>\n<p style=\"text-align: justify;\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-4810 size-full aligncenter\" src=\"https:\/\/study.madeeasy.in\/wp-content\/uploads\/2025\/05\/inventory-costs.jpg\" alt=\" Inventory costs\" width=\"430\" height=\"161\" srcset=\"https:\/\/www.madeeasy.in\/study\/wp-content\/uploads\/2025\/05\/inventory-costs.jpg 430w, https:\/\/www.madeeasy.in\/study\/wp-content\/uploads\/2025\/05\/inventory-costs-300x112.jpg 300w\" sizes=\"auto, (max-width: 430px) 100vw, 430px\" \/><\/p>\n<p style=\"text-align: center;\"><a class=\"btn btn-danger\" role=\"button\" href=\"https:\/\/study.madeeasy.in\/me\/industrial-engineering\/graph-of-optimization-of-cost\/\" target=\"_blank\" rel=\"noopener\">&lt;&lt; Previous<\/a> | <a class=\"btn btn-success\" role=\"button\" href=\"https:\/\/study.madeeasy.in\/me\/industrial-engineering\/classification-of-inventories\/\" target=\"_blank\" rel=\"noopener\">Next &gt;&gt;<\/a><br \/>\n<strong> Must Read: <\/strong> <a href=\"https:\/\/study.madeeasy.in\/me\/industrial-engineering\/classification-of-inventories\/\" target=\"_blank\" rel=\"noopener\"><strong>What is Industrial Engineering?<\/strong><\/a><\/p>\n<p><iframe loading=\"lazy\" title=\"Previous Year Question for GATE| Inventory Control | Industrial Engineering | MADE EASY\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/u3KRnepwJeA?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The item which are either stocked for sale or they are in process of manufacturing or they are in the<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1505,10],"tags":[1516,1515,1517],"class_list":["post-4809","post","type-post","status-publish","format-standard","hentry","category-industrial-engineering","category-me","tag-important-costs-associated-with-inventories","tag-inventory-costs","tag-reasons-to-keep-inventories"],"_links":{"self":[{"href":"https:\/\/www.madeeasy.in\/study\/wp-json\/wp\/v2\/posts\/4809","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.madeeasy.in\/study\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.madeeasy.in\/study\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.madeeasy.in\/study\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.madeeasy.in\/study\/wp-json\/wp\/v2\/comments?post=4809"}],"version-history":[{"count":0,"href":"https:\/\/www.madeeasy.in\/study\/wp-json\/wp\/v2\/posts\/4809\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.madeeasy.in\/study\/wp-json\/wp\/v2\/media?parent=4809"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.madeeasy.in\/study\/wp-json\/wp\/v2\/categories?post=4809"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.madeeasy.in\/study\/wp-json\/wp\/v2\/tags?post=4809"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}