Minimum Level of Stock

The Minimum Level of Stock or minimum stock is that level of stock below which stock should not be allowed to fall. In case of any item falling below this level, there is danger of stopping of production and, therefore, the management should give top priority to the acquisition of new supplies.

Minimum Limit or Minimum Level of Stock

Shamsa Rafique Controlling and Costing Materials, Inventory

Minimum Limit or Minimum Level of Stock: Learning Objective: Definite and explain minimum limit or minimum level of stock. How is minimum limit or minimum level calculated? Definition and Explanation: The minimum level or minimum stock is that level of stock below which stock