Question

maximum level Indicates__​

Answer 1

Answer:

Maximum Level: It is the quantity of materials beyond which a firm should not exceed its stocks. If the quantity exceeds maximum level limit then it will be termed as overstocking. A firm avoids overstocking because it will result in high material costs.

Explanation:

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Answer 2

Answer:

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Explanation:

Maximum Level: It is the quantity of materials beyond which a firm should not exceed its stocks. If the quantity exceeds maximum level limit then it will be termed as overstocking. A firm avoids overstocking because it will result in high material costs.