Edexcel GCSE Business · 1BS0
Specification 2.3.2 · Paper 2
Revise: Managing Stock: Bar Gate Graphs and JITStock control balances two needs: having enough stock to keep production running and meet customer demand, while avoiding the cost of holding too much. Large stocks need storage space, insurance and security. Goods may deteriorate or become outdated, and money spent buying them cannot be used elsewhere until they are sold.