Which of the following statements regarding the reorder point is true
Options:
A. The reorder point is that quantity that triggers an action to restock an item. B. There is a reorder point even if lead time and demand during lead time are constant. C. The reorder point is larger than d × L if safety stock is present. D. A shorter lead time implies a smaller reorder point. E. All of the above are true. |
The Correct Answer Is:
E. All of the above are true.