October 2021

Reorder Point Defined: Formula & How to Use

ContentHow Are Reorder Points Used?What is Reorder Point and Reorder Point Formula?How to Calculate Reorder PointMethod 6: Normal distribution with uncertainty about the demand and the lead time (dependent)What is the difference between EOQ and reorder point?Importance of setting reorder pointsMethod 5: Normal distribution with uncertainty about the demand and the lead time (independent) Some inventory...

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