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reserve stock control
reserve stock control definition - business
reserve stock control
Determining the inventory level by adding deliveries and subtracting distributions from the previous inventory level. For example, if beginning inventory is 500 units, and 250 units are added and 200 units are distributed or sold, the current inventory should be 550 units. Reserve stock control allows a firm to maintain a running total of inventory without counting the physical stock.
The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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