Question: In terms of inventory ordering which statement is true? Question 1 1 Select one: a . Safety stocks are the level of stocks held when
In terms of inventory ordering which statement is true?
Question Select one:
a
Safety stocks are the level of stocks held when more stock is to be re ordered
b
Stock outs occur when stock reaches the re order level
c
The re order level will change during each month when the EOQ model is used
d
The EOQ model attempts to minimise the quantities of stock ordered at any one time
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