Managing Stock with Stock Graphs and Just-in-Time Production Systems

Managing Stock with Stock Graphs and Just-in-Time Production Systems

Assessment

Interactive Video

Business

11th Grade - University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the importance of stock management for businesses, using Sony's PS5 launch as an example of stock issues during the pandemic. It explains stock graphs and their components, such as raw materials, work in progress, and finished goods. The video also covers challenges in stock management, including lead time and usage rate variations. Finally, it introduces the Just in Time production system, highlighting its benefits and risks.

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1 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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