New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    .......... represents that quantity of material which is

    normally ordered when a particular material reaches the ordering level. 
    A EOQ Correct Answer Incorrect Answer
    B BOQ Correct Answer Incorrect Answer
    C EBQ Correct Answer Incorrect Answer
    D Re-order period Correct Answer Incorrect Answer
    E All of these Correct Answer Incorrect Answer

    Solution

    Reorder level is the specific inventory level at which a new order is placed to replenish stock. It's like a warning sign that tells you it's time to order more before you run out.

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