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Surplus Stock Formula Acknowledgment Form WIC388 Purpose:To gain acknowledgment and agreement from WIC parents / legal guardians / caretakers that they are receiving formula from a surplus supply
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How to fill out surplus stock formula

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How to fill out surplus stock formula

01
Start by determining the total quantity of stock you have in hand.
02
Calculate the average demand for that particular stock over a specific period of time.
03
Subtract the average demand from the total quantity of stock to find the surplus stock.
04
Divide the surplus stock by the average demand to obtain the surplus stock formula.

Who needs surplus stock formula?

01
Businesses that want to analyze their stock levels and identify surplus stock.
02
Supply chain managers who need to optimize stock levels and reduce excess inventory.
03
Financial analysts who want to evaluate the efficiency of inventory management.
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The surplus stock formula calculates the amount of excess inventory a company has beyond what is needed to meet demand.
Companies with excess inventory are required to file surplus stock formula.
To fill out surplus stock formula, gather information on current inventory levels and compare it to demand forecasts.
The purpose of surplus stock formula is to help companies manage their inventory levels more effectively and avoid overstock situations.
Information such as current inventory levels, demand forecasts, and any surplus inventory amounts must be reported on surplus stock formula.
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