stock:-production:: supply :-? complete correlation
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Stock :- production :: supply :- stock.
- Stock is the entire amount of commodities that have to be readily available to the various manufacturers at any particular time. It includes both the quantity of products supplied for sale as well as the amount of a commodity that is appropriately saved, withheld, or hoarded from the market for future sale.
- The quantity of a product that is produced overall within a given time period less the amount sold is denoted as the commodity's stock. However, not all of the stock made is made available for purchase in the market.
- A portion of this stock is kept aside in the warehouses and only released at advantageous pricing. A business must concentrate on ensuring that it can sell the majority of its stock on the open market. To keep the current supply in good shape, they should also keep up proper storing facilities.
Hence, the correlation will be, stock :- production :: supply :- stock.
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