The maximum quantity of a product to be ordered at one time is called the:
A)shelf life.
B)rate of use.
C)reorder quantity.
D)reorder point.

Question

Quizplus · Accepted Answer

The maximum quantity of a product that can be ordered at once is referred to as the reorder quantity. It is a quantity of the product that is most cost-effective to order, considering factors such as ordering costs, carrying costs, and stock-out costs. Therefore, option C, reorder quantity, is the most appropriate answer.

The Maximum Quantity of a Product to Be Ordered at One