the strategic study of cost structures is cost analysis strategic costs strategic modeling cost modeling 2.5 points reorder point is the level at which action is taken to replenish all inventory the level at which action is taken to ensure profit the level at which action is taken to replenish seasonal inventory the level at which action is taken to replenish the stocked item 2.5 points The objective of inventory management is to balance inventory investment and cu'stomer service balance jit and revenues balance total profits and customer service balance inventory investment and revenue