(a)[2]
Define ‘inventory management’.
(b)[3]
Briefly explain two reasons why a business might choose to keep a high level of inventory.
Business 9609 · AS & A Level · Inventory management
Inventory management — practice question
Worked solution & mark scheme
This 5-mark question has a full step-by-step worked solution and mark scheme. One marking point: “Making sure that a suitable amount of inventory (stock) is kept by the business.” …
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