Minimum stock level is also known as ?
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1
Answer:
other words, it refers to the minimum quantity of a particular item of material that must be kept in the stores at all times. The fixation of this level acts as a safety measure and hence, it is also known as 'Safety Stock' or 'Buffer Stock'.
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2
Answer:
commonly known as buffer stock but some times also referred as safety stock but when you have to fill in the blanks or tick the correct then always write buffer stock
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