Which of the following formula is used to calculate Re-order Level?

Which of the following formula is used to calculate Re-order Level?

Q. Which of the following formula is used to calculate Re-order Level?

A.            (Maximum usage × Maximum re-order period)

B.            Safety Stock + Normal lead time consumption

C.            (Average usage × Average re-order period)

D.            (A) or (B)

Answer: (A) or (B)

Gkseries: Gkseries.com is a premier website to provide complete solution for online preparation of different competitive exams like UPSC, SBI PO, SBI clerical, PCS, IPS, IAS, IBPS PO, IBPS Clerical exam etc. & other graduate and post-graduate exams. Learn more on about us page