safety stock definition
An additional quantity of items held in inventory in order to minimize the chance of an item being out of stock.
An additional quantity of items held in inventory in order to minimize the chance of an item being out of stock.
Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. Read more about the author.