The reorder point is the date when a new order should be placed.
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Q1: In a periodic inventory system, a constant
Q2: Carrying costs include storage cost, interest, and
Q3: The basic EOQ model plays no role
Q5: The EOQ model with shortages does not
Q6: Assumptions of the basic EOQ model include
Q7: In a continuous inventory system, a constant
Q8: Dependent demand items are final products demanded
Q9: If service level is 50%, then safety
Q10: Inventory costs include carrying, ordering, and shortage
Q11: The noninstantaneous receipt model applies only to
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