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A buffer stock scheme (commonly implemented as intervention storage, the "ever-normal granary") is a price stabilization scheme in which surplus commodities are bought and stored for later sale during shortages, usually for an individual commodity market or an entire economy.
Safety stock is an additional quantity of an item held in the inventory to reduce the risk that the item will be out of stock. It acts as a buffer stock in case sales are greater than planned and/or the supplier is unable to deliver the additional units at the expected time.
Cycle stock: Used in batch processes, cycle stock is the available inventory, excluding buffer stock. De-coupling: Buffer stock held between the machines in a single process which serves as a buffer for the next one allowing smooth flow of work instead of waiting the previous or next machine in the same process. Anticipation stock: Building up ...
English: A diagram illustrating a simple buffer stock scheme.With no intervention, prices fluctuate between P1 and P2. To institute a ceiling (maximum price) and floor (minimum price), the government or other party buys when the price is low, making up demand, stores the commodity, and sells when the price is high.
[10] [11] Other sources similarly suggest that once the bottleneck has been identified it is best to ensure it is well maintained, [12] to provide a constant buffer stock upstream of the bottleneck, to reduce time wasted in set ups and changeovers, and to train more operators for the bottlenecked machines. [13] [14] These are further explained ...
Buffer beam / headstock (painted red) fitted with buffers and chain coupler and air hoses on the front end of a German steam locomotive. A headstock of a rail vehicle is a transverse structural member located at the extreme end of the vehicle's underframe.
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A pneumatic buffer with sections cut away. A buffer is a part of the buffers and chain coupler system used on the railway systems of many countries, among them most of those in Europe, for attaching railway vehicles together (in North America, rolling stock instead has draft gear built into the couplers).