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Video of Reorder Point Explained with Example EOQ Safety Stock CPA Exam BAR Finance Course in Costs Accounting course by Farhat Lectures. The # 1 CPA & Accounting Courses channel, video No. 25 free certified online
IN this video, I explain how to calculate the reorder point for inventory.The reorder point (ROP) is the level of inventory which triggers an action to replenish that particular inventory stock. A reorder point (ROP) is the minimum unit quantity that a business should have in available inventory before they need to reorder more product.
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