The Term Minimum Level Represents.
A. The quantity below which the stock of any item should not be allowed to fall
B. The quantity below which the stock of any item should be allowed to fall
C. The estimated time period in number of days or in weeks or in months.
D. The Lead time period in number of days or in weeks or in months.
Answer:A
The Term Minimum Level Represents.
A. The quantity below which the stock of any item should not be allowed to fall B. The quantity below which the stock of any item should be allowed to fall C. The estimated time period in number of days or in weeks or in months. D. The Lead time period in number of days or in weeks or in months.