Quiz: Interpreting Stock Control Diagrams
WJEC Eduqas GCE A LEVEL in BUSINESS specification
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Building on what you've learned about stock control, let's test your ability to interpret stock control diagrams!
What does the 'maximum stock level' on a stock control diagram represent?
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Which of the following are shown on a stock control diagram? (Select all that apply)
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The {{blank0}} stock level is the point at which new stock must be ordered to avoid running out.
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Match the items on the left with their correct pairs on the right
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If the maximum stock level is 500 units and the re-order level is 300 units, what is the buffer stock level?
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What does the slope of the line between the maximum stock level and the minimum stock level on a stock control diagram indicate?
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What are common problems indicated by a stock control diagram? (Select all that apply)
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Match the items on the left with their correct pairs on the right
Match the items on the left with their correct pairs on the right
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On a stock control diagram, what does the vertical drop to zero indicate?
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The {{blank0}} of the stock control diagram represents how quickly new stock is added after an order is placed.
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