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Edexcel Business Studies A level: Theme 2.4 Questions With Correct Answers Graded A+
Edexcel Business Studies A level: Theme 2.4
Edexcel Business Studies A level: Theme 2.4
2.4.3 - 2.4.3 Stock control - The control of the flow of stock in a business, it concerns the ordering and management of: Raw materials/components Work-in-progress Finished goods JIT - system of delivering parts to the assembly line in a continuous flow, rather than stockpiling large volumes at the plant JIT requirements - 1. We need a minimum amount of stock so that we have enough ready if needed. (Buffer Stock) 2. We must never run out of stock. (Minimum stock) ...
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