Dynamic Inventory Optimization of Precious Metals: An EOQ-Based Comparative Case Study of India and South Africa Abstract Inventory management of precious metals such as gold and silver requires a delicate balance between financial risk, regulatory uncertainty, and operational efficiency. This study applies the Economic Order Quantity (EOQ) model to compare inventory practices in India, a demand-driven importer, and South Africa, a supply-driven producer. Using case-based numerical illustrations, the paper evaluates how ordering cost, holding cost, and demand structures influence optimal inventory decisions. The findings highlight that while EOQ provides a foundational framework, real-world deviations arise due to policy volatility, seasonality, and global trade linkages. KEYWORDS Economic Order Quantity (EOQ), Inventory Management, Gold Inventory, Silver Inventory, Bullion Trade, Ordering Cost, Holding Cost, Precious Metals, India Gold Market, South Africa Mining...
Title “Fragrance of Faith vs Value of Trade: A Comparative Study of India–USA Floriculture Markets” Subtitle “How Cultural Demand Drives Volume in India While Market Economics Shapes Value in the United States”
Title “Fragrance of Faith vs Value of Trade: A Comparative Study of India–USA Floriculture Markets” Subtitle “How Cultural Demand Drives Volume in India While Market Economics Shapes Value in the United States” 📘 Abstract This research paper examines the contrasting dynamics of the floriculture sectors in India and the United States. While India leads in production volume due to strong cultural and religious demand, the United States dominates in market value driven by high-priced imports and premium consumption. The study analyzes production, trade patterns, demand drivers, and challenges, proposing strategies to enhance India's global competitiveness. keywords Floriculture Industry, India Flower Production, United States Floriculture Market, Global Flower Trade, Flower Export and Import, Cut Flowers Market, Loose Flowers Production, Religious Demand for Flowers, Festival-Based Consumption, Diwali Flower Demand, Navratri Flower Usage, Temple Flower...