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MRP glossary TOP > Inventory Control > Moving Average

Moving Average

Moving Average

It is a method for inventory valuation or delivery cost calculation, by which the unit cost is calculated every time inventory goods are accepted instead of calculating the cost at the inventory clearance of the end of month or accounting period.


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Related term: Average Cost Method

Reference:JIT Business Research Mr. Hirano Hiroyuki

Lower of Cost or Market | Inventory Control | Non-allocated Inventory