As the title of this work states, the subject upon which we are engaged in the pages following is defined as production planning and the management of stocks. It is inherent in so naming it that the principal objective towards which production must be directed is presumed to be known. Since it will become evident that stocks are indispensable in every process of production and distribution, production planning cannot be mentioned without attention, indeed, a great deal of attention, being paid to the management of stocks.
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