Question: How does strategic stock differ from safety stock i n its application? Strategic stock i s held for specific purposes o r events and for

How does strategic stock differ from safety stock in its application?
Strategic stock is held for specific purposes or events and for a defined period, while safety stock is always maintained.
Strategic stock is a permanent addition to inventory, whereas safety stock is temporary and fluctuates.
Strategic stock is maintained continuously, while safety stock is held only during periods of forecast inaccuracy.
Safety stock is for short-term use, while strategic stock is for long-term storage.
Strategic stock is exclusively for hedging against price increases, whereas safety stock is exclusively for buffering demand variability.

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