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Stock control charts

Stock control charts (AO2, AO4) (HL)There are three types of stock (or inventory):Raw materials - the natural resources for use in the production process.Semi-finished goods (also referred to as work-in-progress) - these are incomplete units of output, andFinished goods - the completed products that are ready to be sold to consumers.An important aspect of just-in-case (JIC) is stock control. A stock control chart is...

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