In the order point system, an order is placed when:
A) the quantity on hand falls to a predetermined order point
B) the quantity on hand rises to a predetermined order point
C) neither A nor B
D) both A and B

Question

Quizplus · Accepted Answer

In the order point system, an order is placed when the quantity on hand falls to a predetermined order point to ensure that stock is replenished before it runs out.

In the Order Point System, an Order Is Placed When