What is the high amount of material

Question

Accepted Answer

The high amount of material refers to the maximum quantity of inventory that can be stored in a particular location.

The high amount of material is determined by the storage capacity of the location.
It is important to ensure that the high amount of material is not exceeded to prevent overstocking and potential damage to the inventory.
Factors such as demand, lead time, and storage costs should be considered when determining the high amount of material.
For example, if a store has a high demand for a particular product with a long lead time, it may be necessary to maintain a higher amount of material to ensure availability for customers.

Popular interview questions of Senior Executive - Stores