Which of the following is NOT a consideration in establishing par stock?

Question

Quizplus · Accepted Answer

Reorder point is not a consideration in establishing par stock. Par stock refers to the ideal quantity of inventory items that a business should keep on hand, and it is determined by factors such as storage space and the desired frequency of ordering. Reorder point, on the other hand, is the specific inventory level at which an order is placed to replenish stock, which is a separate consideration from establishing what the par stock should be.

Which of the Following Is NOT a Consideration in Establishing