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hello and good day we are highly welcome just want to talk about their inventory control so I just want to give us a brief video and introductory video to invent rippin true so before was some practical questions on etiquette venture going through our like to give us the formulas you see a lot of students find it difficult like challenging to derive this formula and if you cant derive the formula if you can make use of the formulas then you get the question totally wrong so in this video you are going to learn how to derive the formulas then why Im gonna teach you two things specifically the terminologies and the formula okay so like the technologists who talked about the maximal stock minimum stock really enough quantity average stock averages it mark maximum delivery period and so on and so forth okay these terminologies are very very important all right and each of these technologies also have the formula so in this video I will try as much as I cant just simplify it for you kno