The perpetual inventory system has several advantages over a periodic system for businesses of all sizes. In a business using the periodic inventory method, purchases are recorded throughout the ...

Periodic inventory systems use regular and random inventory audits to update inventory tracking information. Rather than relying on technology to update databases each time an item is sold ...

We consider a stochastic periodic-review inventory control system in which the fixed cost depends on the order quantity. In particular, we investigate the optimal ordering policies under three fixed ...

Carl Devine, Periodic Income and Inventory Valuation, The Southwestern Social Science Quarterly, Vol. 22, No. 2 (SEPTEMBER, 1941), pp. 136-140 ...