{"id":54376,"date":"2024-04-16T00:09:07","date_gmt":"2024-04-16T00:09:07","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=54376"},"modified":"2024-04-16T00:09:07","modified_gmt":"2024-04-16T00:09:07","slug":"re-order-level-is-____________than-safety-level","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/re-order-level-is-____________than-safety-level\/","title":{"rendered":"Re-order level is ____________than safety level."},"content":{"rendered":"<p>[amp_mcq option1=&#8221;higher&#8221; option2=&#8221;lower&#8221; option3=&#8221;medium&#8221; option4=&#8221;fixed&#8221; correct=&#8221;option1&#8243;]<!--more--><\/p>\n<p>The correct answer is: <strong>A. higher<\/strong><\/p>\n<p>The reorder level is the level of inventory at which a new order is placed. It is set higher than the safety level to ensure that there is always enough inventory on hand to meet demand. The safety level is the minimum level of inventory that must be on hand to avoid stockouts. It is set based on factors such as lead time, demand variability, and order quantity.<\/p>\n<p>Here is a brief explanation of each option:<\/p>\n<ul>\n<li><strong>A. higher<\/strong>. The reorder level is set higher than the safety level to ensure that there is always enough inventory on hand to meet demand.<\/li>\n<li><strong>B. lower<\/strong>. The safety level is set lower than the reorder level to avoid unnecessary costs associated with carrying too much inventory.<\/li>\n<li><strong>C. medium<\/strong>. The reorder level and safety level are not necessarily set at the same level. The reorder level is set based on factors such as lead time, demand variability, and order quantity, while the safety level is set based on factors such as stockout costs and carrying costs.<\/li>\n<li><strong>D. fixed<\/strong>. The reorder level and safety level are not necessarily fixed. They can be adjusted based on changes in demand, lead time, or other factors.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;higher&#8221; option2=&#8221;lower&#8221; option3=&#8221;medium&#8221; option4=&#8221;fixed&#8221; correct=&#8221;option1&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[945],"tags":[],"class_list":["post-54376","post","type-post","status-publish","format-standard","hentry","category-financial-management","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Re-order level is ____________than safety level.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/re-order-level-is-____________than-safety-level\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Re-order level is ____________than safety level.\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;higher&#8221; option2=&#8221;lower&#8221; option3=&#8221;medium&#8221; option4=&#8221;fixed&#8221; correct=&#8221;option1&#8243;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/re-order-level-is-____________than-safety-level\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-16T00:09:07+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Re-order level is ____________than safety level.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/re-order-level-is-____________than-safety-level\/","og_locale":"en_US","og_type":"article","og_title":"Re-order level is ____________than safety level.","og_description":"[amp_mcq option1=&#8221;higher&#8221; option2=&#8221;lower&#8221; option3=&#8221;medium&#8221; option4=&#8221;fixed&#8221; correct=&#8221;option1&#8243;]","og_url":"https:\/\/exam.pscnotes.com\/mcq\/re-order-level-is-____________than-safety-level\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2024-04-16T00:09:07+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/re-order-level-is-____________than-safety-level\/","url":"https:\/\/exam.pscnotes.com\/mcq\/re-order-level-is-____________than-safety-level\/","name":"Re-order level is ____________than safety level.","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#website"},"datePublished":"2024-04-16T00:09:07+00:00","dateModified":"2024-04-16T00:09:07+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/re-order-level-is-____________than-safety-level\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/mcq\/re-order-level-is-____________than-safety-level\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/mcq\/re-order-level-is-____________than-safety-level\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/mcq\/"},{"@type":"ListItem","position":2,"name":"Financial management","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/financial-management\/"},{"@type":"ListItem","position":3,"name":"Re-order level is ____________than safety level."}]},{"@type":"WebSite","@id":"https:\/\/exam.pscnotes.com\/mcq\/#website","url":"https:\/\/exam.pscnotes.com\/mcq\/","name":"MCQ and Quiz for Exams","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/exam.pscnotes.com\/mcq\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209","name":"rawan239","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","caption":"rawan239"},"sameAs":["https:\/\/exam.pscnotes.com"],"url":"https:\/\/exam.pscnotes.com\/mcq\/author\/rawan239\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/54376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/comments?post=54376"}],"version-history":[{"count":0,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/54376\/revisions"}],"wp:attachment":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/media?parent=54376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/categories?post=54376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/tags?post=54376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}