Question

Q9. __ indicates maximum
stock to be maintained. *
Maximum Level
O Minimum Level
O Re-Order Level
O Danger Level​

Answer 1

Answer:

maximum level indicates maximum

stock to be maintained.

Answer 2

Maximum Level indicates the maximum stock to be maintained.

• The inventory is to be maintained at a specific level to meet the supply.
• Due to a cost being involved for the upkeep, only a limited amount can be kept as inventory.
• This level is known as the maximum level beyond which a business will have to incur higher costs of maintaining the inventory.
• Factors like standard quantities of order, storage costs, etc. are used while calculating this level.