A level Business Revision - Inventory Control

In this A level Business revision video, we examine inventory control diagrams, explaining the term maximum stock levels, 'buffer' stock levels, re-order levels, re-order quantities and lead times. We also investigate the reasons why some businesses decide to keep high levels of stock whilst others keep stock levels low. Inventory control is a topic on the new AQA Business A level and the Edexcel Business A level. Taking The Biz is a channel dedicated to A level Business revision. See more of our videos:    / takingthebiz   Stay in touch with TakingTheBiz via social media: Facebook:   / takingthebiz   Twitter:   / takingthebiz   Instagram:   / takingthebiz