stockpiling


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stockpiling

the holding of levels of STOCK which are greater than would be normally required by a person, firm or government agency. Stockpiling usually occurs at times of an actual or expected shortage of a product or in anticipation of a price rise.

stockpiling

the act of accumulating STOCK over and above normal requirements. National and international trade is dependent upon complex and interrelated supply lines from the raw material to the finished good. If at one point along the supply chain a shortage (or bottleneck) can be perceived in advance by firms beyond that point, then those firms will attempt to purchase much greater stocks than their immediate needs warrant. Stockpiling occurs in many areas of economic life, from a government stockpiling food or weapons to an individual consumer amassing quantities of food in anticipation of a price rise. See also BUFFER STOCK.
References in periodicals archive ?
We considered the trade-off between unmet ventilator demand (risk) and the cost of stockpiling ventilators (assuming cost is proportional to number of ventilators) and minimized cost while limiting risk to a specified threshold.
5 million tons of LPG, enough to meet demand for 40 days, by completing four other stockpiling facilities by 2010.
who has submitted one bill requiring potassium iodide stockpiling (HR 3279) and has submitted an amendment requiring such stockpiling to an existing antiterrorism bill.
A number of studies, using a number of different types of products and promotions, have examined the phenomenon of stockpiling (e.
1] Although the Biological and Toxin Weapons Convention does not explicitly prohibit the use of biological weapons, it does so implicitly because any use presupposes prior production and stockpiling.
Banning the development, production, stockpiling, sale and use of all chemical weapons, except such riot-control substances as tear gas.
We have engaged in discussions with a number of governments around the world on a range of pandemic measures, including vaccine stockpiling and advance purchase contracts.
We believe stockpiling such a small quantity would leave hundreds of thousands of individuals at unnecessary risk in the event of a nuclear terrorist incident.
While there can be no assurances that Hollis-Eden will be requested to participate, the next step in the procurement process is expected to be the issuance by HHS of a Request for Proposal (RFP) detailing initial stockpiling requirements for qualified bidders.
Such statements are subject to certain risks and uncertainties, including the ability to complete preclinical and clinical trials successfully and within specified timelines, if at all; the ability to obtain regulatory approval for NEUMUNE, even if shown to be effective in preclinical studies; the ability to receive any stockpiling orders for NEUMUNE from the U.
In 2004, Hollis-Eden significantly advanced its near-term goal of gaining regulatory approval of its lead investigational drug candidate, NEUMUNE, and in its efforts to secure a potential stockpiling order under Project BioShield for the compound as a medical countermeasure for Acute Radiation Syndrome (ARS).
The third quarter of 2004 was a period of sustained progress toward our near-term goal of gaining regulatory approval of, and securing a potential stockpiling order for NEUMUNE, as a medical countermeasure for Acute Radiation Syndrome," stated Richard Hollis, Chairman and CEO.