Question: Question 1 8 0 . 5 p t s What does the term Inventory Re - Order Point refer to: A method of forecasting future

Question 18
0.5pts
What does the term "Inventory Re-Order Point" refer to:
A method of forecasting future demand based on historical sales data
The maximum quantity of an item that should be held in stock at any time.
A schedule if requirements for all parts and end items
The minimum stock level at which an order is placed for replenishment.
 Question 18 0.5pts What does the term "Inventory Re-Order Point" refer

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