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Explain The Term Danger Level Related To Inventory Levels? |
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Answer» DANGER level: This level is fixed below minimum level. If the STOCK reaches this level an immediate action must be taken by the company in respect of getting supply. This level indicates a panic situation for the company as it has to make PURCHASES in a rush which MAY involve higher costs. Danger level: This level is fixed below minimum level. If the stock reaches this level an immediate action must be taken by the company in respect of getting supply. This level indicates a panic situation for the company as it has to make purchases in a rush which may involve higher costs. |
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