answersLogoWhite

0


Best Answer

inventory built up to counter predictable variability in demand

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is seasonal inventory?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is anticipation inventory?

Components, material, or goods kept at hand to meet seasonal fluctuations in demand or to meet the shortfall caused by erratic production. Also called anticipation inventory, build stock, seasonal inventory, or seasonal stock.


What is anticipate?

Components, material, or goods kept at hand to meet seasonal fluctuations in demand or to meet the shortfall caused by erratic production. Also called anticipation inventory, build stock, seasonal inventory, or seasonal stock.


Distinguish between in-process inventory and safety stock inventory and seasonal inventory?

Inventory need for the ongoing process and kept at a level that production will not be affected. Inventory kept for emergencies, or as a buffer for a sudden a surge in demand. Inventory that is only needed for one season, after which it is sold off or stored off-site.


Short notes on the Inventory?

Inventory refers to the tangible goods and materials that a business holds for the purpose of reselling. The reasons for keeping include appreciation of value, economies of scale, seasonal demand, time and uncertainty.


What type of inventory accounts would be used by a retailer?

A retailer would typically use several types of inventory accounts. These may include "Finished Goods Inventory" to track the products ready for sale, "Raw Materials Inventory" to monitor the materials used in production, "Work in Progress Inventory" to track partially completed products, and "Merchandise Inventory" to keep a record of goods purchased for resale. Additionally, there may be specific inventory accounts for perishable or seasonal items.


How many part-time barcode inventory jobs are in the Anchorge, AK area?

According to my knowledge 550000 more than this it may be seasonal jobs,summer jobs,part time jobs it is only nearly calculated part-time barcode inventory jobs are in the Anchorge, AK area


What are the benefits of inventory management system?

Benefits of Inventory management software When we talk about the retail, wholesale business, one view that comes to our mind is the various stocks and their details such as expiry dates, stocks, different types of medicines, and maintenance of all those stocks. Integration of an effective inventory management system gives you the following benefits- It helps businesses achieve productivity. It minimizes inventory management costs to maximize sales. It automates inventory tasks. It facilitates easy maintenance of customer and business data. It facilitates stock consumption reports on a monthly, quarterly and annual basis. You get precise data to plan your business expansion. You have data that gives you an idea of seasonal and non-seasonal product consumption. You will be able to plan your strategies for your distribution chains better. You will be able to serve your valuable customers with better offers and discounts.


Retail inventory or cost inventory?

retail inventory retail inventory retail inventory


What is inventory overhang?

Inventory Overhang = Available inventory / Absorbed inventory


What is a seasonal economy?

A ski area is a seasonal economy. Fishing is a seasonal economy Etc


How do you calculate inventory turnover?

This is a very simple calculation. Days to Sell Inventory(or Days in Inventory) = Average Inventory / Annual Cost of Goods Sold /365 Average Inventory = (Beginning Inventory + Ending Inventory) / 2 To calculate this ratio for a quarter instead of a year use the following variation: Days to Sell Inventory (or Days in Inventory) = Average Inventory / "Quarterly" Cost of Goods Sold /"90" Average Inventory = (Beginning Inventory + Ending Inventory) / 2


A better way of saying you did inventory?

conducted inventory, performed inventory, reconciled inventory