The stores keeper should initiate a purchase requisition when stock reaches ________.
A
Average stock level
B
Minimum stock level
C
Maximum stock level
D
Re-order level
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.