Question: If the order quantity is 1 0 0 units and the reorder point is 3 0 0 units, then which of the following is true?

If the order quantity is 100 units and the reorder point is 300 units, then which of the following is true?
An order of 100 units will be placed every time the inventory position drops to 100 units.
An order of 100 units will be placed every time the inventory position drops to 300 units.
An order of 300 units will be placed every time the inventory position drops to 100 units.
An order of 300 units will be placed every time the inventory position drops to 300 units.
An order of 100 units will be placed every 300 days.

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