View the unrestricted stock status for the material
Production Process
OH inventory, or on-hand inventory, refers to the quantity of goods or materials that a company currently has in stock and available for sale or use. It is a crucial component of inventory management, helping businesses track their stock levels, manage supply chain operations, and fulfill customer orders effectively. Maintaining optimal OH inventory levels is essential to minimize holding costs while ensuring that there is enough stock to meet demand.
Advantage of holding inventory is the reduction of risk of out of inventory and loss of sales and also availing any good sales opportunity which may be loss due to lack of enough inventory stock.
One could count EVERY item (if the group were small enough), or base a count on statistics (assuming randomness) and count, say, every one item in ten. I am not a professional statistician, nor have I spent my life doing many, many inventories (only a few), but I was an actuary so I believe I know the rudamentary principles of it. Perhaps you can get a more professional answer from someone else.
there is no enough to feed to collect for winter enough pasture for cattle to graze on.
Production Process
View the unrestricted stock status for the raw material
OH inventory, or on-hand inventory, refers to the quantity of goods or materials that a company currently has in stock and available for sale or use. It is a crucial component of inventory management, helping businesses track their stock levels, manage supply chain operations, and fulfill customer orders effectively. Maintaining optimal OH inventory levels is essential to minimize holding costs while ensuring that there is enough stock to meet demand.
Stores have sales when they want new inventory but do not have either the space in the store needed or they do not have enough profit for the new inventory. So the answer is for new inventory.
If you have enough inventory space.
old enough
Not soon enough
Not soon enough!
You need to be focused enough to not let your inventory exceed too much than the useful amount, but also not have limited inventory to lose a really good sale. It is best to use an Inventory Forecasting tool to tackle this problem effectively.
People (consumers) have unlimited wants, but businesses do not have enough goods (supply) to fulfill these demands.
An inventory-control decision rule must answer two fundamental questions: When should inventory be ordered? and How much inventory should be ordered? These questions help businesses manage stock levels efficiently, ensuring they have enough inventory to meet demand while minimizing holding costs and avoiding stockouts.
Wait until they are finished, when they are finished, separate them immediately, if not done fast enough, possible fighting can occur.