At some stock level point,management must reorder product to refill the inventory to an acceptable level.This point is called the ________.

Question

Quizplus · Accepted Answer

The reorder point is the level of inventory at which the management decides to reorder the product to refill the inventory to an acceptable level. This ensures that there is enough inventory available to meet customer demand and avoid stockouts. Therefore, A) order (reorder) point is the correct choice for this question. B) inventory, C) minimum inventory level, and D) inventory carrying costs are not applicable to defining the point at which management must reorder the product.

At Some Stock Level Point,management Must Reorder Product to Refill