Re-order level depends upon two factors, lead time and ……….

Related MCQs

• The maintenance of a minimum possible level of inventory required for a desired level of customer service is the objective of
• Factors affecting network design decisions
• which type of demand forecast is related to environmental factors
• The logistical objective that ensures a proper balance between total logistics cost and a desired level of customer service performance is
• Customer order processing level isthat
• …………is the time that elapses between issuing replenishment order and receiving the material in stores.
• ……………is the task of buying goods of right quality, in the right quantities, at the right time and at the right price.
• Customer service create time and ………. utility for the customer.
• Real time communication of information regarding requirements and availability of logistics service is the core of
• An appropriate strategy to optimize for time and cost in the ordering process is: