Question: The description which most closely fits the term order point is: Extra inventory of an itern carried to protect against variations in demand during the

The description which most closely fits the term order point is: Extra inventory of an itern carried to protect against variations in demand during the lead time. The time it takes to replenish an item in inventory 3 The inventory balance record equal to the demand times the lead time A time-phased schedule of planned replenishment orders

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