____ stock refers to inventory that is needed to satisfy normal demand during the course of an order cycle.
A)Psychic
B)Speculative
C)Base
D)Pipeline

Question

Quizplus · Accepted Answer

Base stock, also known as safety stock, is the inventory level that is maintained to ensure that demand is met during the lead time for replenishment. It serves as a buffer to avoid stockouts in case of unexpected demand or delays in delivery. It is calculated based on factors such as lead time, demand variability, and service level.

____ Stock Refers to Inventory That Is Needed to Satisfy