order point

  

Definition

Number of units of an item on hand when a purchase order for its replenishment is to be issued. This number equals the lead-time quantity plus the safety (minimum) number of units. Also called order level.

Use order point in a sentence

Related Videos




http://www.businessdictionary.com/definition/order-point.html

Have a question about order point? Ask for help in the
Community
advertise here

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z