Tell How to Calculate Reorder Point (ROP) and Economic Order

question 24

Essay

Tell how to calculate Reorder Point (ROP) and Economic Order Quantity (EOQ).

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Definitions:

Blocks

In programming, refers to sections of code enclosed in braces {} that define a single unit of execution.

Connection

In programming, an instance that allows access and interaction with a database or network service.

Thread Class

A class in programming that enables the execution of multiple threads or paths of execution within a program, allowing for concurrent processing.

Java.lang Package

The fundamental package in the Java programming language that provides classes essential to the language's programming, such as String, System, and Thread.