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Home > Business Studies > Production > Stock control

Business Studies

Production

Stock control - Test

1.

Which of the following is a type of stock?

2.

Which of the following is an advantage of holding stock?

3.

What method of stock control is being used when a business buys in stock whenever it is running low?

4.

What method of stock control is being used when a business buys in stock only when it is needed?

5.

What is the reorder level?

6.

Which of the following is NOT a drawback of just in time stock control?

7.

Why is there a 'buffer stock'?

8.

What kind of graph is used to show just in case stock control?

9.

What is 'lead time'?

10.

What is the maximum stock level?