What are the main factors that are taken into account while fixing reoder level inventory levels
Answers
Answered by
0
Answer:
Minimum Stock Limit (Safety or Buffer Stock): This represents the quantity below which stock should not be allowed to fall. The main purpose of this level is to ensure that production is not held up due to storage of any material.
Similar questions
Social Sciences,
7 months ago
Computer Science,
7 months ago
Social Sciences,
1 year ago
Math,
1 year ago