The reorder point for an item is calculated based on
A) the number used per day.
B) the number of days it takes to order and receive the product.
C) the number in current inventory.
D) Both A and B
E) All of the above

Question

Quizplus · Accepted Answer

The reorder point for an item can be calculated based on the number used per day and the number of days it takes to order and receive the product. The reorder point for medical and administrative supplies can be different for each item due to the usage rate and the time it takes to receive the item after it is ordered.

The Reorder Point for an Item Is Calculated Based on