Title page ………………………………………………………………………………………i
Declaration ……………………………………………………………………………………ii
Certification …………………………………………………………………………………..iii
Dedication …………………………………………………………………………………….iv
Acknowledgment ………………………………………………………………………………v
Table of Contents………………………………………………………………………………ix
List of Figures………………………………………………………………………………….x
List of Tables ………………………………………………………………………………….xi
Abstract ……………………………………………………………………………………….xii
CHAPTER ONE
INTRODUCTION
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CHAPTER TWO
REVIEW OF RELATED LITERATURE
CONCEPTUAL FRAME WORK
2.1      Introduction ……………………………………………………………………..….…..17
2.2      Concept of Inventory …………………………………………………………….…….18
2.2.1   Nature of Inventory ……………………………………………………………………18
2.2.2    Types of Inventory……………………………………………………………………..20
2.2.3   Reasons for Holding Inventory by Organizations……………………………..……….21
2.2.4   Cost Associated with Inventory ……………………………………………………….25
2.3       Inventory Management and Control…………………………………………………..26
2.3.1   Objectives of Inventory Management and Control ……………………………………27
2.3.2   Benefits of Inventory Management and Control ………………………………………27
 2.3.3  Techniques of Inventory Management and Control ……………………………………28
2.3.4   Inventory Management and Control Terminology ……………………………………..30
2.3.5   Inventory Management and Control Models ……………………………………………34
2.3.6   Inventory Control Systems ……………………………………………………………..36
2.3.7   Inventory Control Levels…………………………………………………………………37
2.3.8   Inventory Valuation Methods………………………………………………………………………………..37
2.4     Concept of Profitability …………………………………………………………………..39
2.4.1   Profit and Profitability …………………………………………………………………..41
2.4.2   Profitability Indicators and Measurement……………………………………………….43
2.5      Empirical Studies ………………………………………………………………………..43
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CHAPTER THREE
RESEARCH METHODOLOGY
3.1      Introduction ………………………………………………………………………….47
3.2      Research Design ……………………………………………………………………..47
3.2.1   Population of the Study ……………………………………………………………..48
3.2.2   Sample of the Study …………………………………………………………………48
3.3      Sources of Data ………………………………………………………………………49
3.4      Method of Data Collection …………………………………………………………..50
3.5      Validity and Reliability ………………………………………………………………50
3.6      Techniques of Data Analysis …………………………………………………………51
CHAPTER FOUR
DATA PRESENTATION, ANALYSIS AND FINDINGS
4.1      Introduction ……………………………………………………………………………..52
4.2      Data Presentation and Analysis ……………………………………………………….52
4.3      Test of Hypotheses ……………………………………………………………………..59
4.4      Discussion of Findings …………………………………………………………………63
CHAPTER FIVE
SUMMARY CONCLUSION AND RECOMMENDATIONS
5.1      Summary of Findings ………………………………………………………………….66
5.2      Conclusion ………………………………………………………………………………67
5.3      Recommendations ………………………………………………………………………68
5.4      Suggested Areas for Further Studies ……………………………………………………69
Bibliography
Appendix  ÂÂ
LIST OF FIGURES
Fig 2.2.4         Carrying cost curve …………………………………………………………23
Fig 2.3.3         ABC Classification analysis graph…………………………………………28
Fig 2.3.5         Graphical representation of EOQ …………………………………………..33
Fig 2.3.6         Fixed order quantity ………………………………………………………..35
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