What Is Re-order Level? - Inventory Management
Re-ordering level is fixed between minimum level and maximum level. Re-order level is the level when the business concern makes fresh order at this level.
Re-order level = maximum consumption × maximum Re-order period.
[Post Image Courtesy of JK1991 at FreeDigitalPhotos.net]
Re-ordering level is fixed between minimum level and maximum level. Re-order level is the level when the business concern makes fresh order at this level.
Re-order level = maximum consumption × maximum Re-order period.
What Is Re-order Level? - Inventory Management
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