Heartburn or something else? Heartburn-like pain is a common symptom of gastroesophageal reflux disease (GERD). But several other conditions can cause a burning feeling in your chest. Most of the time, your doctor will be able to identify whether you have heartburn or GERD by doing tests.
Par-level balancing, or inventory level balancing, is the process of matching stock levels to actual demand. Instead of using gut-feeling logic to determine the right amount of supplies, par-level balancing uses actual consumption data.
The key decision in manufacturing, retail and some service industry businesses is how much inventory to keep on hand. Inventory is usually a business s largest asset. The instant inventory levels are established, they become an important input to the budgeting system. Inventory decisions involve a delicate balance between three classes of costs: ordering costs, holding costs, and shortage costs.