Minimum Re-order level of inventory levels
Give a brief introduction of the term Minimum Re-order level of inventory levels?
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This level is fixed between minimum and maximum level in such a manner that the needs of materials for the production can be met appropriately until the new supply of material is received. This level of material stock points to that step must be taken for procurement of additional lots of material.
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Mention out various methods for calculating depreciation?
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Give a brief introduction of the term Maximum level of inventory levels?
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