Q. Which of the following formula is used to calculate Re-order Level?
A. (Maximum usage × Maximum re-order period)
B. Safety Stock + Normal lead time consumption
C. (Average usage × Average re-order period)
D. (A) or (B)
Answer: (A) or (B)
A. (Maximum usage × Maximum re-order period)
B. Safety Stock + Normal lead time consumption
C. (Average usage × Average re-order period)
D. (A) or (B)
Answer: (A) or (B)