What is Reorder point and Reorder quantity? and what is its
significance?
Answer Posted / manik
Reorder Point = Safety stock + planned receipts during lead
time.
Reorder Qty = How much quantuty to be ordered when stock
reached below reorder point.
Significance- Ther are used in reorder planning.
Email me = manik.leo@gmail.com
Is This Answer Correct ? | 14 Yes | 5 No |
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