What is the purpose of buffer stock?
It lets a business reduce storage and insurance costs if demand rises or a delivery is late.
It lets a business avoid ordering stock altogether if demand rises or a delivery is late.
It lets a business continue selling or producing if demand rises or a delivery is late.
It lets a business guarantee that demand will never change if demand rises or a delivery is late.
3.2.1b Costs and benefits of stock management Flashcards
Flashcards for AQA GCSE Business 3.2.1b Costs and benefits of stock management, covering the key terms, formulae and case studies you need to recall for Paper 1 and Paper 2. 20 cards, matched to the AQA GCSE Business (8132) specification. Recall questions account for roughly 35% of marks at GCSE Business, so these target the marks you can secure before the paper starts.