The stores keeper should initiate a purchase requisition when stock reaches ________.

The stores keeper should initiate a purchase requisition when stock reaches ________. Correct Answer Re-order level

The stores keeper should initiate a purchase requisition when stock reaches Re-order 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.

Related Questions

This is a point at which the store keeper should initiate purchase requisition for fresh supply It is ________.
The method in which issue prices of material is computed by dividing total purchase cost of material in stock with total quantity in stock ________.
In stock option, a little chance exists for large gain on stock when price of stock