Inventory Control Diagrams
Interpret inventory-control diagrams by identifying maximum and minimum stock, reorder levels, lead times, buffer inventory and order quantities.
- Syllabus
- First assessment 2019
- Course
- Business XBS11/YBS11
- Level
- AS
Exam points
- Calculate reorder quantity as maximum inventory minus minimum inventory from a control diagram.
- Interpret reorder levels, lead times, buffer stock and inventory movements for operations.
