Question: What is the difference between the reorder point and safety stock? 1) They are both the same thing 2) Reorder point initiates replenishment; safety stock

What is the difference between the reorder point and safety stock?

1) They are both the same thing

2) Reorder point initiates replenishment; safety stock is a buffer allowing for uneven demand.

3)Reorder point initiates replenishment; safety stock is the time between placing an order and receiving it.

4)Safety stock initiates replenishment; reorder point is a buffer allowing for uneven demand.

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