What is the maximum quantity of a product to be ordered at one time called?
A)Shelf life
B)Rate of use
C)Reorder quantity
D)Reorder point

Question

Quizplus · Accepted Answer

The reorder quantity is the maximum quantity of a product to be ordered at one time.
Shelf life is the time a material can be stored before it begins to deteriorate and is no longer usable.
Rate of use refers to the quantity of a material used in a given time.
The reorder point is the minimum amount of a material that is an adequate reserve for the product.

What Is the Maximum Quantity of a Product to Be