Business Studies, asked by prajjvalh5637, 1 year ago

Define safety stock. How is it determined? What is the role of safety stock in inventory management?

Answers

Answered by Vaibhavverma73

Safety stock is an additional quantity of an item held in inventory in order to reduce the risk that the item will be out of stock. Safety stock acts as a buffer in case the sales of an item are greater than planned and/or the supplier is unable to deliver additional units at the expected time.

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