What is the ROP? Explain and give numerical example to calculate it.

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Entrepreneurial Finance

ISBN: 9781118691519

1st Edition

Authors: M. J. Alhabeeb

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Question Posted: Apr 21, 2024 09:09 AM

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What is the ROP? Explain and give numerical example to calculate it.

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The Reorder Point ROP is the minimum number of units that a business needs to have in stock to prevent stockouts and ensure that customer demand is me...View the full answer

Entrepreneurial Finance

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