(a)[2]
Define what is meant by inventory re-order level.
(b)[3]
Explain one benefit to a business of holding buffer 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: “Inventory level/quantity that prompts a new order to suppliers (re-order level)” …
- Full mark scheme, point by point
- Step-by-step worked solution
- Write your answer & get it marked instantly by AI