The Sample of Manuscript for 8th Transdisciplinary Federation of Science and Technology Conference

Abstract

This research built a model for evaluating inventory in terms not only of cost but also of asset value, considering the relationship with demand fluctuations and production process. Inventory is regarded as a distinct activity in the process and that value is evaluated, taking into account the price of final product, possibility of sales, resource losses and uncertainty of unrealized profit. Inventory value is computed applying the model to the manufacturing process of fabric wire for papermaking.