Routledge Dictionary of Economics, Second Edition
Fluctuations in the stocks of raw materials, semi-finished goods and goods available for sale within an ECONOMY. Changes in inventories occur more frequently than fluctuations in fixed investment. Anticipated and unanticipated changes in final demand, changes in the cost of financing stockholdings and errors in the planning of production all generate inventory cycles.
See also: Kitchin cycle
This is the complete article, containing 58 words
(approx. 1 page at 300 words per page).
View More Summaries on Inventory
