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The Reorder Point Model Requires That the Small Business Owner

Question 41

Multiple Choice

The reorder point model requires that the small business owner know:


A) the usage rate,the minimum level of stock,the lead time,and the EOQ.
B) who the supplier is,statistical process controls,and TQM.
C) the demand pattern for the product,reliability and proximity of the supplier,and who has title.
D) holding costs for the product,the usage rate,and the three "Cs" of the product.

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