a. Using the order point system, when must an order be placed? b. Why is safety stock
Question:
a. Using the order point system, when must an order be placed?
b. Why is safety stock carried?
c. What is the formula for the order point?
d. On what two things does the order point depend?
e. Why is the demand during the lead time important?
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Related Book For
Introduction To Materials Management
ISBN: 9780134156323,9780134203928
8th Edition
Authors: Steve Chapman , Tony Arnold , Ann Gatewood , Lloyd Clive
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