This is a point at which the store keeper should initiate purchase requisition for fresh supply It is ________.

This is a point at which the store keeper should initiate purchase requisition for fresh supply It is ________. Correct Answer reorder level

This is a point at which the store keeper should initiate purchase requisition for fresh supply It is reorder level. Re-order level is a level of material at which the storekeeper should initiate the purchase requisition for fresh supplies. When the stock-in-hand comes down to the re-ordering level, it is an indication that an action should be taken for replenishment or purchase.
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Related Questions

The stores keeper should initiate a purchase requisition when stock reaches ________.
The owner of Aarong starts to calculate the percentage of customers who purchase Tagas. if 40% of the total customers who visit the store actually purchase goods and 15% of them purchase tagas, then what percentage of Aarong's customers are Taga buyers?
Information: The daily average sale of apples in a fruit store is 70 kg. The price of apple per kg is Tk. 200. Due to a faulty weighing machine the store owner actually gives away 1005 grams instead of 1 kg to customers. The store operates . The store operator 300 days every year. Calculation: What is the daily loss of the seller in kg because of the faulty weighing machine?
Information: The daily average sale of apples in a fruit store is 70 kg. The price of apple per kg is Tk. 200. Due to a faulty weighing machine the store owner actually gives away 1005 grams instead of 1 kg to customers. The store operates . The store operator 300 days every year. Calculation: How many kg the seller gives away for free in a year?
Information: The daily average sale of apples in a fruit store is 70 kg. The price of apple per kg is Tk. 200. Due to a faulty weighing machine the store owner actually gives away 1005 grams instead of 1 kg to customers. The store operates . The store operator 300 days every year. Calculation: What is the sale of the fruit (in Tk.) in a day?
Information: The daily average sale of apples in a fruit store is 70 kg. The price of apple per kg is Tk. 200. Due to a faulty weighing machine the store owner actually gives away 1005 grams instead of 1 kg to customers. The store operates . The store operator 300 days every year. Calculation: What is the loss of the seller (in Tk.) in a day year because of the faulty machine?
A department store receives a shipment of 1,000 shirts, for which it pays $9,000. The store sells the shirts at a price 80 percent above cost for one month, after which it reduces the price of the shirts to 20 percent above cost. The store sells 75 percent of the shirts during the first month and 50 percent of the remaining shirts afterward. How much gross income did sales of the shirts generate?
A store usually a certain item at 40% profit. In one week the store has a sale during which the item is sold at 10% less then the usual price. During the sale what is the profit the store makes on the item ?
A store usually sells a certain item at 40% profit. One week the store has a sale, during which the item is sold for 10% less than usual price. During the sale, what is the profit percentage the store makes on each of these items?
A store has five shelves and average weekly sale is Tk. 30000. Shelf 1 accounted for 1/4 of the store's average weekly sales and shelves 2 and 3 each accounted for 2/3 as much as shelf 1. The shelf 4 alone accounted for as much as shelf 1, then which of the following could have been the average weekly sales of shelf 5 for the store?