Question 2
- What is perpetual inventory system?
 - List four factors each to be considered when determining:
 - State five consequences of stock out.
 
maximum stock level;
re-order level.
Observation
- Candidates performed very well in this question.
 - The weakness of Candidates in this question was their inability to state four correct factors as required by the question.
 - Candidates performed very well in this question.