The Effect of Stock Control Profit Maximization in Manufacturing Company
The Effect of Stock Control Profit Maximization in Manufacturing Company Abstract Inventory is an essential decision variable at all phases of product production, distribution, and sales, as well as a significant part of many companies' existing assets. Inventory levels that are too high or too low reduce a company's profitability. Consequently, whether a production or merchandising company, the objective should always be the same: to guarantee that inventory is ready while also keeping inventory levels low. The goal of the research was to see how inventory management affected the profitability of industrial and associated businesses .The economic order quantity model (EOQ), which is based on cost minimization between stock holding and stock ordering, explains it. The study used a correlational research design. There were two kinds of data gathered. This should guarantee that companies maintain optimal inventory levels, resulting in increased profitability. Management should gu...