Question: Column A a. Reorder point 1. b. Optimal order quantity 2. - c. Safety stock 3. This order size minimizes total annual inventoryrelated costs. An

Column A a. Reorder point 1. b. Optimal order

Column A a. Reorder point 1. b. Optimal order quantity 2. - c. Safety stock 3. This order size minimizes total annual inventoryrelated costs. An order is placed when the inventory position drops to this level The amount of inventory carried in addition to the expected demand. A measure of the expected number of times inventory is replaced over a year. Divides inventory into dollar volume categories that map into strategies appropriate for the category d. Inventory turn 4. e. ABC inventory classification 5

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