(a)[2]
Define the term 'buffer inventory' clearly.
(b)[3]
Briefly explain two possible consequences for a business of poor inventory management.
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: “Good definition: Buffer inventory is the minimum or safety stock level kept so that production can continue if delivery of supplies is delayed or production rates have to increase.” …
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