differences between uncertaintysafety stock and anticipatory
differences between uncertainty/safety stock and anticipatory stock give atleast 3 differences
Solution
Safety Stock Anticipatory Stock Inventory held to reduce risk of stock out. Inventory kept in anticipation, to meet unusual demand like seasonal fluctuations. It is kept in case the sales is more than the planned demand. It is kept to hedge erratic production schedule. Their is always a reason associated with anticipatory inventory as to why keep more stock than normal eg: Wedding season coming in case of clothes. Their is no specific reason associated with it and generally the stock level are constant through out the year barring some season trends.