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Stock Control - Starter Activity
Stock Control - Let's Start
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Slide 1:
Slide
Business Studies
Further Education (Key Stage 5)
This lesson contains
28 slides
, with
interactive quizzes
and
text slides
.
Lesson duration is:
10 min
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Items in this lesson
Stock Control - Let's Start
Slide 1 - Slide
Are you excited to learn about STOCK CONTROL today?
Yes!! It sounds really interesting
Not really, but may be I will learn something new !
Slide 2 - Poll
CONNECT
Identify the Word
Slide 3 - Slide
Answer
Raw Materials
Slide 4 - Slide
CONNECT
Identify the Word
Slide 5 - Slide
Answer
Semi-finished Goods
Slide 6 - Slide
CONNECT
Identify the Word
Slide 7 - Slide
Answer
Finished Goods
Slide 8 - Slide
What is Stock ?
Type down your thoughts?
Slide 9 - Mind map
What is a Stock?
Slide 10 - Open question
Connect the pictures and identify the keyword
Slide 11 - Open question
What best fits the term Stock Control?
A
Control of flow of Stock
B
Control of ordering of Stock
C
Control of management of Stock
D
Control of receipt of Stock
Slide 12 - Quiz
Slide 13 - Slide
Name the variable plotted on the X-axis?
A
Stock Level
B
Time
C
Units
D
Quantity
Slide 14 - Quiz
Name the factors influencing Stock Control
A
Demand
B
Type of Stock
C
Lead Time
D
All of these
Slide 15 - Quiz
Guess What?????
"Longer it is, the Higher the minimum Stock level needed"
A
Minimum Time
B
Lead Time
C
Maximum Time
D
Average Time
Slide 16 - Quiz
Guess What???
"Amount of Stock ordered when a new order is placed"
A
Minimum Quantity
B
Average Quantity
C
Maximum Quantity
D
Re-order quantity
Slide 17 - Quiz
Guess What????
"Amount of Stock held to meet a sudden shortage/increase in demand"
A
Average Stock
B
Minimum Stock
C
Maximum Stock
D
Buffer Stock
Slide 18 - Quiz
Which is a Stock Control System?
A
Just in Later
B
Justin Timberlake
C
Just in Time
D
Just be in Time
Slide 19 - Quiz
Which is the traditional stock control system among the following?
A
Just in Time
B
Just in Case
C
Just in Take
D
All of these
Slide 20 - Quiz
Disadvantage of Over stocking is .............
A
Production Halt
B
Decreased sales
C
No Customer Loyalty
D
High storage and labour costs
Slide 21 - Quiz
Who invented Just in Time concept?
A
Chinese
B
Japanese
C
Asians
D
Egyptians
Slide 22 - Quiz
Lead time refers to time in between
A
Raw materials extracted </p>
B
Through the production line
C
Order processed and delivered
D
None of the above
Slide 23 - Quiz
Using JIT, supplies are delivered directly to the factory .............
A
Every week
B
Every month
C
When needed
D
When expected
Slide 24 - Quiz
Just in Time saves costs of ---------
A
Building
B
Maintaining
C
Securing
D
Delivery
Slide 25 - Quiz
Slide 26 - Slide
Which of these business's are most likely to adopt "JIT" ?
A
A supermarket.
B
A car manufacturer.
C
A hairdresser.
D
A hospital.
Slide 27 - Quiz
Did you like this Activity ?
😒
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🙂
😃
Slide 28 - Poll
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