The Stock Control Diagram is an important issue when talking about effective stock control.
It is vital to remember that when you are answering any questions on this you must describe/explain the different elements that make it up:
Maximum Stock Level
Minimum Stock Level
Re-Order Level
Lead Times
Re-ordering Quantity
In summary,
be able to draw the diagram
be able to explain/describe the above elements = so we're looking for a definition and then something to beef it up.
Any problems, make an appointment to see me at lunch or after school.
Or you could use technology! Email or Blog me!
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