Question

buffer stock' is the level of stock a) half of the actual stock b) at which the ordering process should start c) minimum stock level below which actual stock should not fall d) maximum stock in inventory

Answer 1

Answer:

buffer stock is the level of stock a

Answer 2

Answer:

'Buffer stock' is the level of stock or minimum stock level, below which actual stock should not fall.

Explanation:

'Buffer stock' is the level of stock or minimum stock level, below which actual stock should not fall. It is a stock of a basic commodity acquired in a period of low or unstable prices and distributed in a period of high prices to stabilize the market. It retains some kind of buffer to protect in case of an uncertain future, which is why known it is known as backup stock.

So, the correct answer is 'Minimum stock level below which actual stock should not fall'.

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