Question: Select the description which most closely fits the term order point The time it takes to replenish an item in inventory Extra inventory of an

Select the description which most closely fits the term order point
The time it takes to replenish an item in inventory
Extra inventory of an item carried to protect against variations in demand during lead time
A listing of components required to manufacture a product
The time when an order should be placed
None of these answers

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!