Origins of the Goins Surname. It is quite possible for two people with the Goins last name to have been given that surname for entirely different reasons.
â¢ INVENTORYING (noun). The noun INVENTORYING has 1 sense: 1. making an itemized list of merchandise or supplies on hand. Familiarity information: INVENTORYING used as a noun is very rare.
The key decision in manufacturing, retail and some service industry businesses is how much inventory to keep on hand. Inventory is usually a business s largest asset. The instant inventory levels are established, they become an important input to the budgeting system. Inventory decisions involve a delicate balance between three classes of costs: ordering costs, holding costs, and shortage costs.