Edexcel GCSE Business · 1BS0
Specification 2.3.2 · Paper 2
Revise: Managing Stock: Bar Gate Graphs and JITReorder level: the amount remaining when the next order is placed.
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GCSE Business · key term
The stock level at which a business places a new order.
Used by Edexcel
Specification 2.3.2 · Paper 2
Revise: Managing Stock: Bar Gate Graphs and JITReorder level: the amount remaining when the next order is placed.
Reorder level is the amount held when an order is placed; reorder quantity is the amount ordered. Find the quantity from the size of the delivery jump.
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