The level to which the inventory of an item should fall before the firm places a new order to replenish inventory is called ______.
A)the reorder point
B)the holding point
C)the safety stock point
D)the stock-out point

Question

Quizplus · Accepted Answer

The level to which the inventory of an item should fall before the firm places a new order to replenish inventory is referred to as the reorder point.

The Level to Which the Inventory of an Item Should