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OPS 330T Which of the following is true regarding the reorder point? o The reorder point compares the amount of inventory currently available with the

OPS 330T Which of the following is true regarding the reorder point? o The reorder point compares the amount of inventory currently available with the rate of demand. o The reorder point is defined by the difference between the set-up and carrying costs. o The reorder point tells you how much to order. o The reorder point is derived from the demand forecast

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