What does the term '' Buffer or Suffer '' stand for and in what area of business it is useful?

Any Business which need to stock the goods according to customer demands!

A safety inventory ( stock ) is a buffer against high  demand.  meaning that if a process is not able to buffer for an unexpected demand, we will loose the flow rate ( suffer )..

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Shahin RAJ

Excellent answer

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Buffer may refer to seperating or cushioning.

It can be used in stock management (buffer stock)which involves an attempt to use commodity storage to stabilise the prices.

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Th: http://www.businessdictionary.com/definition/buffer-inventory.html#ixzz4D4vky2b2e supplies or the products of an organization that are kept available either on hand or in transit to stabilize variations in supply, demand, production, or lead time.

Agree with the answer Mr.

Shahin RAJ

agree with expert answers above

Thanks for the invite ............................ agreed with the answers Mr. Osama

Thanks for the invitation, I  agree with all answers