Business Studies (A-Level) - Stock Control

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Maximum Level
Max level of stock a business wants/is able to hold
1 of 5
Minimum Level
Min level of stock a business wants/is able to hold
2 of 5
Re-order Level
Acts as a trigger point, a level that a new stock order is then placed
3 of 5
Buffer Stock
An amount of stock helf as a contigency in case of unexpected orders, covers delays or problems with suppliers
4 of 5
Lead Time
Time between placing the order and it arriving to the firm
5 of 5

Other cards in this set

Card 2

Front

Min level of stock a business wants/is able to hold

Back

Minimum Level

Card 3

Front

Acts as a trigger point, a level that a new stock order is then placed

Back

Preview of the back of card 3

Card 4

Front

An amount of stock helf as a contigency in case of unexpected orders, covers delays or problems with suppliers

Back

Preview of the back of card 4

Card 5

Front

Time between placing the order and it arriving to the firm

Back

Preview of the back of card 5

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