Sentence examples for reorder point from inspiring English sources
As you sell down the inventory, you are going to accumulate cash until you hit the reorder point for each item.
r reorder point (decision variable).
Reorder point of the buyer.
Similarly, the retailer's reorder point can be calculated.
Moreover, reorder point has a direct relation with service level.
Thangam and Uthayakumar (2008) derived optimal reorder points in two-echelon supply chain, while the number of backorders which are allowed during the lead time is limited.
It was designed to replace previous techniques for managing inventories based on reorder points and economic order quantities.The problem with these systems was that they were backward looking and resulted in an excessive inventory of obsolete stock.
Discover through your inventory control what your annual cost of ordering and stocking every item you carry is in order to set the order quantity and to determine each item's reorder points (the minimum level of each item you reach before more stock is ordered).
Constraint 30 ensures that reordering point of a retailer must be smaller than ordering quantity.
Subsequently, Ouyang and Chang (2002) proposed a modified lot-size reorder-point inventory model with imperfect production processes to study the effects of reducing lead time and set-up cost.
