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EnglandBusinessQuick questions

Operations management

Quick questions on Stock control, just-in-time and lean production - OCR A-Level Business

2short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.

What is q1?
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State what is meant by lead time in stock control. [2 marks]
What is q2?
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Analyse one drawback to a firm of holding high levels of stock. [6 marks]

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