The inventory point at which additional product is ordered is known as:

Question

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The reorder point is the level at which a new order must be placed to replenish inventory. This helps ensure that there is enough stock on hand to meet customer demand and avoid stockouts. EOQ (A) is the economic order quantity, which calculates the optimal amount of inventory to order to minimize costs. Shrinkage (C) refers to the loss of inventory due to theft, damage or other factors, and the premium point (D) is not a standard inventory management term.

The Inventory Point at Which Additional Product Is Ordered Is