Question: The reorder point is a. the quantity that is reordered each time an order is placed. b. the amount of inventory that would be needed

The reorder point is

a. the quantity that is reordered each time an order is placed.

b. the amount of inventory that would be needed to meet demand during the lead time.

c. equal to the average inventory when the EOQ assumptions are met.

d. assumed to be zero if there is instantaneous replenishment.

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