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Inventory management is a very simple concept - don't have too much stock and don't have too little. Since there can be substantial costs involved in straying above and below the optimal range, careful inventory management can make a huge difference in the profitability of a business. Although the concept is simple, the process of getting the right balance can be quite a complex and time consuming task without the right technology. There are two fundamental questions that must be answered, in order to manage the inventory of any physical item - when to order and how much to order. I have information on minimum and maximum stock levels.

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Q: What does min max mean in inventory?
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What does min's and max's stand for in uhaul?

Min's and max's stand for minimums and maximum in U-Haul. These are terms that are used for inventory stocking purposes.


What do the terms MINS and MAXS represent for inventory?

Often used in inventory control, Min-Max means the minimum amount you need in physical inventory. Max means just the opposite, the maximum amount you need to have in physical inventory. When the stock falls below minimum, you would order up to the maximum amount to replenish the stock.


What formula with functions in Excel can you enter to calculate the ratio of the maximum value in the range Z1 to Z10 to the minimum value?

=MAX(Z1:Z10)/MIN(Z1:Z10)=MAX(Z1:Z10)/MIN(Z1:Z10)=MAX(Z1:Z10)/MIN(Z1:Z10)=MAX(Z1:Z10)/MIN(Z1:Z10)=MAX(Z1:Z10)/MIN(Z1:Z10)=MAX(Z1:Z10)/MIN(Z1:Z10)=MAX(Z1:Z10)/MIN(Z1:Z10)=MAX(Z1:Z10)/MIN(Z1:Z10)=MAX(Z1:Z10)/MIN(Z1:Z10)=MAX(Z1:Z10)/MIN(Z1:Z10)=MAX(Z1:Z10)/MIN(Z1:Z10)


Trace out the algorithm Max Min on a data set containing atleast 8 elements?

Steps to perform MaxMin on a data set (2,4,6,3,8,1,9,7) are:(2,4,6,3) (8,1,9,7)((2,4)(6,3)) ((8,1)(9,7))In sublist (4,6), max is 6 and min is 4. In sublist (8,9), max is 9 and min is 8.Comparing max and min values of sublist (2,4) and sublist (6,3), value of max is 6 and min is 2.Therefore, for sublist (2,4,6,3) max is 6 and min is 2.Similarly, comparing max and min values of sublist (8,1) and sublist (9,7), value of max is 9 and min is 1.Therefore, for sublist (8,1,9,7) max is 9 and min is 1.Finally, comparing max and min values of sublist (2,4,6,3) and sublist (8,1,9,7), value of max is 9 and min is 1. Steps to perform MaxMin on a data set (2,4,6,3,8,1,9,7) are:(2,4,6,3) (8,1,9,7)((2,4)(6,3)) ((8,1)(9,7))In sublist (4,6), max is 6 and min is 4. In sublist (8,9), max is 9 and min is 8.Comparing max and min values of sublist (2,4) and sublist (6,3), value of max is 6 and min is 2.Therefore, for sublist (2,4,6,3) max is 6 and min is 2.Similarly, comparing max and min values of sublist (8,1) and sublist (9,7), value of max is 9 and min is 1.Therefore, for sublist (8,1,9,7) max is 9 and min is 1.Finally, comparing max and min values of sublist (2,4,6,3) and sublist (8,1,9,7), value of max is 9 and min is 1. Steps to perform MaxMin on a data set (2,4,6,3,8,1,9,7) are:(2,4,6,3) (8,1,9,7)((2,4)(6,3)) ((8,1)(9,7))In sublist (4,6), max is 6 and min is 4. In sublist (8,9), max is 9 and min is 8.Comparing max and min values of sublist (2,4) and sublist (6,3), value of max is 6 and min is 2.Therefore, for sublist (2,4,6,3) max is 6 and min is 2.Similarly, comparing max and min values of sublist (8,1) and sublist (9,7), value of max is 9 and min is 1.Therefore, for sublist (8,1,9,7) max is 9 and min is 1.Finally, comparing max and min values of sublist (2,4,6,3) and sublist (8,1,9,7), value of max is 9 and min is 1. sonika aggarwal GNIIT


How do I get max to min serial or What function can I use to get max to min or min to max serial?

it will orbit the sun it self and the sun will keep it in the right spot for its temperature


How do you find the mean in a set of data?

take the max plus the min and divide the anser by to


What is the max and min temperature on the planet Mercury?

Max = 700 K, min = 80 K.


Why use max for union and min for intersection?

Because they obey the same laws (specifically, de Morgan's Laws): -max(a,b) = min(-a,-b) and -min(a,b) = max(-a,-b). In theory, you could use max for intersection and min for union, too.


What is the range median mean max min and mode of 12 12 13 13 14 15 17 17 17 19 21 21?

min= 12 max=21 median=17 mode=17 mean=191


What is the difference between min and max function?

The MIN function returns the lowest value from a set of values. The MAX function returns the highest value from a set of values.=MIN(A2:A20)=MAX(A2:A20)The MIN function returns the lowest value from a set of values. The MAX function returns the highest value from a set of values.=MIN(A2:A20)=MAX(A2:A20)The MIN function returns the lowest value from a set of values. The MAX function returns the highest value from a set of values.=MIN(A2:A20)=MAX(A2:A20)The MIN function returns the lowest value from a set of values. The MAX function returns the highest value from a set of values.=MIN(A2:A20)=MAX(A2:A20)The MIN function returns the lowest value from a set of values. The MAX function returns the highest value from a set of values.=MIN(A2:A20)=MAX(A2:A20)The MIN function returns the lowest value from a set of values. The MAX function returns the highest value from a set of values.=MIN(A2:A20)=MAX(A2:A20)The MIN function returns the lowest value from a set of values. The MAX function returns the highest value from a set of values.=MIN(A2:A20)=MAX(A2:A20)The MIN function returns the lowest value from a set of values. The MAX function returns the highest value from a set of values.=MIN(A2:A20)=MAX(A2:A20)The MIN function returns the lowest value from a set of values. The MAX function returns the highest value from a set of values.=MIN(A2:A20)=MAX(A2:A20)The MIN function returns the lowest value from a set of values. The MAX function returns the highest value from a set of values.=MIN(A2:A20)=MAX(A2:A20)The MIN function returns the lowest value from a set of values. The MAX function returns the highest value from a set of values.=MIN(A2:A20)=MAX(A2:A20)


Write a c program to find the sum of numbers between given limits?

int sum (int min, int max) {return (max-min+1)*(max+min)/2;}


How do you find the largest and the smallest values among 4 numbers using conditional operators?

int a, b, c, d, max, min; scanf("%d%d%d%d",&a, &b, &c, &d); (a>b)?(max=a,min=b):(max=b,min=a); (c>d)?(a=c,b=d):(a=d,b=c); max=(a>max)?a:max; min=(b<min)?b:min; printf("%d %d\n", max, min);