Re-order level

 

 

 

Re-order level

 

Glossary of business

 

Definition of re-order level

 

The re-order level is the minimum level that the firm will allow their stocks to fall to before they re-order new ones. By setting a re-order level they should ensure that they never run low of stocks, but the re-order level will need to take account of factors like the time taken for the orders to arrive.

 

Source : http://business-tes.wikispaces.com/file/view/Glossary.doc

link: http://business-tes.wikispaces.com/

Author : not indicated on the source document of the above text

 

Terminology about business

 

Job world

 

 

Definition and meaning of re-order level

 

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Meaning of re-order level

 

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