Accountancy, asked by dipakkhati99, 10 months ago

what is two bin system ​

Answers

Answered by joshnaramulla98641
1

Answer:

In operations research: Inventory control. The two-bin system (sometimes called the min-max system) involves the use of two bins, either physically or on paper. The first bin is intended for supplying current demand and the second for satisfying demand during the replenishment period

Answered by ansaf51
0

Answer:

SHORTENED

Two bin system is used for the material control. It is that technique of material control in which we have two bins, one is used for in use minimum stock and second bin is used for reserve stock or to keep the remaining quantity of material.

long

Two bin system is used for the material control. It is that technique of material control in which we have two bins, one is used for in use minimum stock and second bin is used for reserve stock or to keep the remaining quantity of material. This system of inventory control is also called in USA kanban. First bin is utilized for issuing the material for production and then, second bin is used. Its record is done on bin cards and store ledger card.

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