How to Calculate the Reorder Point
2:30
YouTubeEdspira
How to Calculate the Reorder Point
This video shows how to calculate the reorder point for inventory. The reorder point is the level of inventory that triggers a purchase of additional inventory. The reorder point is calculated by multiplying the average daily usage rate (the average number of units sold each day) by the purchase order leader time (the number of days it takes ...
46.4K viewsNov 29, 2018
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