Which of the following is the best method for managing the stock of fresh milk in a supermarket? (A) Just-in-time (B) First-in-last-out (C) Last-in-first-out (D) First-in-first-out - HSC - SSCE Business Studies - Question 8 - 2015 - Paper 1

The best method for managing the stock of fresh milk in a supermarket is typically the First-in-first-out (FIFO) method. This strategy ensures that the oldest stock is sold first, minimizing food spoilage and waste, which is particularly important for perishable goods like milk.

Using FIFO, the supermarket will always remove the oldest milk from the shelves first, making it readily available for customers, while newer stock is placed behind it. This practice not only maintains freshness in the inventory but also promotes customer satisfaction by reducing the chances of purchasing expired products.

In contrast, the other options, such as Just-in-time (JIT), First-in-last-out (FILO), and Last-in-first-out (LIFO), do not adequately address the concerns associated with perishable items like fresh milk.