Which of the Following Systems Is an Example of a Reorder

question 42

Multiple Choice

Which of the following systems is an example of a reorder point system ?

• A) computerized inventory system
• B) order book system
• C) economic order quantity/economic order value system
• D) minimum/maximum level system

---

Definitions:

Transfer of Personal Property

The act of moving ownership or title of movable property from one party to another, which can be accomplished through sale, gift, or exchange.

Transfer of Real Property

The process by which ownership of land or property is moved from one party to another through a deed or other legal instrument.

Tangible Personal Property

Physical items owned by an individual or business, such as vehicles, furniture, and equipment, that are movable and not affixed to land.

Transfer of Title

The legal process of transferring ownership of property or an asset from one individual or entity to another.