Minimum level of stock required to meet emergencies. Safety stock should be quite enough to cover problems i:e break in supply,shortage of material. In Justin in time(JIT) system the purpose is to eliminate the buffer stock.
Buffer stock=2 x average stock – reorder quantity
Minimum level of stock required to meet emergencies. Safety stock should be quite enough to cover problems i:e break in supply,shortage of material. In Justin in time(JIT) system the purpose is to eliminate the buffer stock. assistenza contenzioso tributario
ReplyDeleteWow, What a Excellent post. I really found this to much informatics. It is what i was searching for.I would like to suggest you that please keep sharing such type of info.Thanks MPG CPA
ReplyDelete