Definition of reorder point

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TeachMeFinance.com - explain reorder point



reorder point

'reorder point' is an military term meaning '(DOD) 1. That point at which time a stock replenishment requisition would be submitted to maintain the predetermined or calculated stockage objective'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".

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