1. Consignment stock at the beginning2. Goods sent on consignment3. Goods returned by the consignee4. Consignment stock at the end of the period
is a cost-effective method of pricing with onus of cost for storage and
transport or handling - upon the immediate purchaser or the end-user.
Maximize profit at the new sale price for old stock and thereby have
fresh inventory in the seller's warehouse which normally fetch or
attract customers in general.