Safety Stock Is Defined as The

question 355

Multiple Choice

Safety stock is defined as the:

• A) Minimum quantity for a replacement order.
• B) Maximum level of inventory that exists when a replacement order is received.
• C) Quantity specified as the reorder point when long delivery times exist.
• D) Level of inventory that triggers a derived demand order when delivery time is involved.
• E) Minimum level of inventory that a firm keeps on hand.

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Definitions:

Readability

The measure of how easy it is for a reader to understand and comprehend a written text.

Wordy Prepositional Phrase

A wordy prepositional phrase is an overly elongated phrase consisting of prepositions and their objects, which could be shortened without losing meaning, often making the sentence clearer and more concise.

Concise Wording

The use of brief and direct language to convey a message clearly and without unnecessary words.

Revising Business Documents

The process of reviewing and making necessary changes to written business material to improve clarity, tone, and effectiveness.