All the goods, merchandise, and supplies that a company keeps on hand in anticipation of selling them for a profit are referred to as inventory. Example: Only the newspaper will be regarded as inventory if a newspaper vendor utilizes a vehicle to distribute newspapers to clients.
Stock refers to the quantity of finished items that are readily accessible for purchase, and inventory refers to both finished goods and the parts that go into making a finished good. In other words, all inventory is stock, but not all stock is inventory.
Calculation of the number of products to be listed on upcoming planned production orders
100 finished goods items are currently in stock.
Scheduled output for the factory during the planning period is 10.
Hence
100-10 =90
As a result, the number of products we should put on upcoming planned production orders should be 90.
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