Question: Match the Inventory Management term with its definition - A. B. C. D. Reorder Point (ROP) - A. B. C. D. Safety Stock (SS) -

Match the Inventory Management term with its definition

- A. B. C. D.

Reorder Point (ROP)
- A. B. C. D.

Safety Stock (SS)
- A. B. C. D.

Economic Order Quantity (EOQ)
- A. B. C. D.

Forecast

A.

Quantity of product projected for sale
B.

The least-cost quantity to purchase
C.

The inventory position that triggers action to acquire more product
D.

Additional Inventory to mitigate changes in demand

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