Learning objectives To determine the costs of holding inventory To identify the costs associated with a stockout To understand the eoo concept To differentiate the various inventory flow patterns To identify several contemporary approaches to managing inventory To discuss special concerns with inventory management9-2 Learning Objectives To determine the costs of holding inventory To identify the costs associated with a stockout To understand the EOQ concept To differentiate the various inventory flow patterns To identify several contemporary approaches to managing inventory To discuss special concerns with inventory management