Thesis (M.S. in Operations Research)--Naval Postgraduate School, September 1990. / Thesis Advisor(s): McMasters, Alan W. ; Henderson, David R. "September 1990." Description based on title screen as viewed on December 21, 2009. DTIC Descriptor(s): Naval Procurement, Mathematical Models, Parameters, Navy, Theses, Costs, Precision, Procurement, Inventory, Value, Supplies, Naval Logistics, Models, Contracts, Decision Making. DTIC Identifier(s): Navy Inventory Control Points, Navy Procurement Contract Termination Model, Forecasts. Author(s) subject terms: Procurement, Contract, Termination. Includes bibliographical references (p. 57-58). Also available in print.

The thesis deals with the issue of inventories in a company with business activities. The aim of the thesis is at first theoretically to introduce the accounting of inventories and then to demonstrate the accounting activities on a real company. The practical part of the thesis focuses on a company that sells medical devices. Due to the choice of company and its business activities this thesis highlights the general and specific information about business with medical devices and the areas connected to this.

The main goal of research is analysis of the inventory accounting methodics, to research the problems of inventory accounting in theory and practice and to make suggestions for improvement of inventory accounting by managing them. The aims of this research are: 1. To analyze the scientific and economical sources or literature and different legal bases, international and national standards concerning inventory accounting and its management. 2. To research the problems and their solutions linked with inventory accounting and its management. 3. To make suggestions for improving the methodics of inventory accounting and its management. The research methodics incorporates such methods: monographic, observation, logical analysis and synthesis, comparable analysis and diagrammatical. While exploring scientific and economical literature, national and international standards of accounting the problems concerning inventory accounting ant its management were obtained and solved.