Which of the following settings values will determine the number of items to be ordered during the reorder process?
Which of the following settings values will determine the number of items to be ordered during the reorder process?
Economic Order Quantity (EOQ) determines the number of items to be ordered during the reorder process. EOQ is a fundamental principle in inventory management that optimizes the order quantity to minimize the total costs of inventory, including holding and ordering costs. The other options do not directly determine the number of items to reorder: Safety Stock provides a buffer to prevent stockouts, Reorder Point is the inventory level at which a reorder is triggered, and Conversion Factor is used for unit conversions.
This is incorrect, reorder point will tell the point that reorder process will be triggered, ECONOMIC ORDER QUANTITY is the right answer: Economic Order Quantity (EOQ): From a Maximo reorder point of view, EOQ is the quantity that is reordered once the reorder process is triggered for the item. https://www.ibm.com/support/pages/understanding-maximo-inventory-related-terminology
Answer D
Correct answer = D
It says "determine the number of items to be ordered", So Answer is D.
The given answer is incorrect, Answer is D
D is the correct answer. I checked in the study guide. https://learn.ibm.com/mod/video/view.php?id=168376
The correct answer is D Not A as EOQ is the Qty will be placed in PR, PO not reorder Point reorder Point mean when Balance Reached to that Qty then will make REorder say i have 5 Balance Qty and reorder Point is 2 and EOQ is 3 so when balance Reach 2 Will Order 3