Management 339 - Managing Operations » Spring 2023 » Review Quiz 15

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Question #1
______________ refers to the minimum amount of an item which a firm holds in stock, such that, when the inventory level falls to this amount, the item must be replenished.
A.   Safety stock
B.   Economic order quantity
C.   Fluctuation inventory
D.   Cycle stock
E.   Reorder point

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