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Commerce · Q47

Financial Management

Graduate and Post Graduate · Commerce · question 47

Q47

Re-order level is ____________than safety level.

A.
higher
Answer
B.
lower
C.
medium
D.
fixed

Answer: Option A

Solution

Answer: Option A
Solution:
Re-order level is higher than safety level. Reorder level (or reorder point) is the inventory level at which a company would place a new order or start a new manufacturing run.