Order point definitions

Order point

The quantity to which inventory must fall in order to signal that an order must be placed to replenish an item.
Found on http://wps.pearsoned.co.uk/wps/media/objects/1669/1709588/glossary/glossary

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order point

The amount of inventory on hand in a warehouse or store used to determine when to purchase replacement stock.
Found on http://www.encyclo.co.uk/local/20108

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