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Business Mathematics Chapter 2, Section 10: Storage and Inventory

Business Mathematics Chapter 2: Managing Your Business
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Terms to Know:
Section 10: Storage and Inventory
  • Volume is the measure of the content or capacity of a solid figure.
  • Cube is the unit used to find the volume.
  • V = lwh (V = volume, L = length, W = width, H = height)
  • The conversion factor is the number of small units in one larger unit.
  • A cube is a rectangular solid whose length, width and height are congruent (same size and shape).
  • The sides of a cube are called its edges.
  • A cone has one circular base and one vertex.
  • Inventory is the number of goods in the sales area of the store plus those in the stockroom.
  • < (less than)
  • > (greater than)
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