PERPETUAL INVENTORY METHOD (PIM)
\pəpˈɛt͡ʃuːə͡l ˈɪnvəntɹˌi mˈɛθəd pˈɪm], \pəpˈɛtʃuːəl ˈɪnvəntɹˌi mˈɛθəd pˈɪm], \p_ə_p_ˈɛ_tʃ_uː_əl ˈɪ_n_v_ə_n_t_ɹ_ˌi m_ˈɛ_θ_ə_d__ p_ˈɪ_m]\
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A system of controlling the inventory in which the total stock can be checked at any point in time by just obtaining the stock records. In this method, a certain number of items are calculated on a daily basis, so that by the cutoff date, all of the stock has been counted at least once. Similarly, all stocks are recorded upon inventory cards to provide a continuous balance of the quantity present, as well as its value.
By Henry Campbell Black
Word of the day
Vertebral Artery Dissection
- Dissection wall artery, leading to formation an aneurysm that occlude vessel. Thrombus give rise emboli. Cervical fractures or related NECK INJURIES and CRANIOCEREBRAL TRAUMA are commonly associated conditions, although this process may occur spontaneously. Ischemia, infarction, hemorrhage in the vascular distribution of affected vertebral artery complicate condition.