Buffer stock

Buffer stock (or buffer stock ) (Engl. Buffer stock ) is the name given (so called in stockpiles balance camps ) or in distribution systems held products or supplies, in order to respond as to the changes strongly fluctuating prices. They are mainly set up for raw materials , with stocks when prices fall and sold when prices rise. Buffer stocks or buffer stores are also used for finished goods in order to be able to react quickly to fluctuations in market demand. Buffer stocks (or buffer stores ) are independently maintained and self-regulating measures by the warehouse owner to maintain the ability to deliver while awaiting an order.

In China , the history of the compensation camps (Chinese: changpingcang ) goes back to the time of the Western Han Dynasty . In ancient state Wei of the Warring States Period , the principle of was Li Kui (李悝) applied (455-395), even when Fan Li (范蠡) and in the book Guanzi (管子) there are similar thoughts.

See also

• Price regulating granaries in Yu County

literature

• Benjamin Graham : Storage and Stability: A Modern Ever-normal Granary. New York: McGraw Hill 1937.

Web links

• Storage and Stability - An Ancient Idea - English
• changpingcang

Footnotes

1. ↑ The so-called "善 平 籴" (shàn píngdí).