Part 1[3]
In a few words, define ‘buffer inventory’ (line 6).
Business 9609 · AS & A Level · Inventory management
Inventory management — practice question
Worked solution & mark scheme
This 3-mark question has a full step-by-step worked solution and mark scheme. One marking point: “Statement that inventory/stock is kept in surplus so that supply difficulties or unexpected demand rises can be covered (definition of buffer inventory).” …
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