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This query is : Resolved
09 February 2013
diff b/w safety stock and minimum level ?? is there any diff
09 February 2013
Purpose of keeping minimum stock level is to enable the stock controller to avoid running out stock.
Purpose to ensure that the business NEVER runs out of stock, a safety stock level should be maintained. Safety stocks are also known as BUFFER stock.
Purpose to ensure that the business NEVER runs out of stock, a safety stock level should be maintained. Safety stocks are also known as BUFFER stock.
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