Question
In an inventory control model the ‘Buffer stock’ is
the level of stockSolution
Buffer stock’ or ‘strategic stock’ or ‘safety stock’ or ‘buffer inventory’ is defined as a supply of inputs held as a reserve in case there are future demand and supply fluctuations. It is the excess inventory or safety stock, which retains some kind of buffer to protect in case of uncertain future.
Statement : To enhance acoustic system and improve lighting, Australia’s world-renowned Opera House is to undergo its first major renovation since b...
A statement is given followed by two courses of action I and II. Analyse the given situation and select the appropriate course of action.
Stateme...
Statement:
According to a recent survey made by the centre for strategic and international studies (CSIS), the tiny North-eastern state Sikkim ha...
Statement:Â Â Although the tribal women are familiar with beekeeping, their conventional method does not guarantee adequate returns.
Course...
Statement: Some provisions of The Financial Resolution and Deposit Insurance Bill, 2017, popularly referred to as the FRDI Bill, which was tabled in Pa...
 Statement: At least 3,000 workers from Gujarat, Uttar Pradesh, West Bengal, Bihar, Rajasthan, Andhra Pradesh and Telangana have been stranded in Kuw...
Statement : Many students in rural areas fail to complete their primary education due to a lack of basic facilities in schools.
Courses of A...
Statement: Members of the National Union of Circus Artists recently took out a procession to demand better job opportunities and better access to heal...
Statement: As per data provided by the education department, as many as 8,604 posts of Hindi teachers in primary schools and 1,500 in high schools are ...
Statement: Militants are now attacking the police in several states of India in a bid to demoralize them and to choke the intelligence network.
...
