Quiz: Problems of Too Much vs Too Little Stock
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 knowledge of the problems caused by having too much or too little stock!
Which of the following is a problem caused by holding too much stock?
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Which of the following are problems caused by too little stock? (Select all that apply)
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Too much stock can lead to {{blank0}}, while too little stock can cause {{blank1}}.
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Match the items on the left with their correct pairs on the right
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A business holds 500 units of stock worth £10 each. If 200 units become obsolete, what is the financial loss?
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What is a risk of holding too much stock?
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What are the potential consequences of stockouts? (Select all that apply)
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Maintaining {{blank0}} stock levels helps avoid the risks of {{blank1}} and stockouts.
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Match the items on the left with their correct pairs on the right
Which of the following is an advantage of maintaining optimal stock levels?
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