ENME301: - When the inventory level declines to the 'reorder point' the item will be restocked
- Reorder point is set at a high enough level to minimise probability of running out
- Reorder point policies can be implemented by computerised inventory control systems

Question

- When the inventory level declines to the 'reorder point' the item will be restocked
-  Reorder point is set at a high enough level to minimise probability of running out
- Reorder point policies can be implemented by computerised inventory control systems

Kimberly Lowe · Accepted Answer

Reorder Point System

ENME301

- When the inventory level declines to the 'reorder point' the item will be restocked - Reorder point is set at a high enough level to minimise probability of running out - Reorder point policies can be implemented by computerised inventory control systems

Reorder Point System

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