Stock: Items held by a business for sale or used to manufacture products. Stock can include raw materials, work-in-progress, and finished goods.
Bar Gate Stock Graphs: Used to show changes in stock levels over time.
Stock levels start high and decrease as products are used or sold.
When stock reaches a minimum level (buffer stock), more stock is ordered to maintain continuity.
Helps visualize stock depletion and restocking points.
Buffer Stock: The minimum stock level kept to prevent stockouts and avoid disappointing customers.
