Allocated stock and safety stock - mrp system, Microeconomics

Assignment Help:

Allocated Stock and Safety Stock 

Allocated stock 

A category of stock which ensures that current stock is set aside and not issued under the normal procedure. 

Safety stock 

A category of stock which ensures that the supply of an item is always greater than demand. Safety stock is held if supply is uncertain, possibly in anticipation of a sudden increase in demand or in order to reduce supply time of a long LT item.


Related Discussions:- Allocated stock and safety stock - mrp system

Explain change in demand and a change the quantity demanded, What is the di...

What is the difference between a change in demand and a change the quantity demanded?  There is a distinction among demand and quantity demanded. Demand explains the behavior o

Growth of regional financial institutions, GROWTH OF REGIONAL FINANCIAL INS...

GROWTH OF REGIONAL FINANCIAL INSTITUTIONS: We find many levels of groupings of nations in the international arena. Groups of countries that share borders often have semi-perma

Work plan and gantt chart, Once the organization has decided to move forwar...

Once the organization has decided to move forward with the development of a new or modified system, it is time to determine what tasks are necessary to move the project from initia

Vitamin a, 1) Vitamin A Vitamin A has been chosen as the vitamin to be incl...

1) Vitamin A Vitamin A has been chosen as the vitamin to be included in the supplement since it has a role in several functions some of which as follows: 1. Helps in proper vision.

The market mechanism , The Market Mechanism  Features of the equil...

The Market Mechanism  Features of the equilibrium or market clearing price: – QD = QS  – No shortage or scarcity  – No extra supply price.  – No pressure on th

Utility, how do I calculate for utility

how do I calculate for utility

Price mechanism, 1.what is price mechanism? 2.how does price mechanism bene...

1.what is price mechanism? 2.how does price mechanism benefit an echonomy. 3.what are the characteristics of a centrally planned economy?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd