Process to map safety stock in a factory is called
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Explanation:
How to calculate safety stock?
Multiply your maximum daily usage by your maximum lead time in days.
Multiply your averare daily usage by your average lead time in days.
Calculate the difference between the two to determine your Safety Stock.
Safety stock (also called buffer stock) is a term used by supply chain managers to describe a level of extra stock that is maintained to mitigate risk of stock-outs (shortfall in raw material or packaging) due to uncertainties in supply and demand.
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Answer:
This Means actual transfer of Securities. This is the last stage in the trading of securities done by the broker on behalf of their clients. There can be two types of Settlement.
On The Spot Settlement
Forward Settlement
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