A firm's reorder point for an item takes into consideration its ________, which is the difference between the time an order is placed and the time it is actually received

A) minimum level of stock allowable
B) EOQ
C) usage rate
D) lead time

Answer: D

Business

You might also like to view...

A limited partner assisting the general partner to solicit new investors.

A) is permitted if stated in the partnership agreement. B) is permitted if no compensation is paid. C) is permitted if done within 90 days of his acceptance as limited partner. D) could jeopardize his limited partner status.

Business

The accountant-client privilege is a law that entails that ________

A) only an accountant can serve as a witness for the client in a court action B) only an accountant's paperwork be taken as prima facie evidence against a client in a court action C) an accountant cannot be called as a witness against a client in a court action D) an accountant does not enjoy work product immunity when a client is accused of gross negligence

Business