BAR 2 Flashcards
1
Q
What is the formula for the reorder point?
A
ROP=Safety Stock + (Lead Time * Sales Per Week)
-this is the quantity of inventory at which the firm should reorder
2
Q
A
What is the formula for the reorder point?
ROP=Safety Stock + (Lead Time * Sales Per Week)
-this is the quantity of inventory at which the firm should reorder