Reorder Level (ROL) and Reorder Quantity (ROQ)

Question

30 Oct 2021

Answer :

Word Count : 353

Tabular Comparison of Reorder Level and Reorder Quantity

Point of Difference

Reorder Level

Reorder Quantity

Definition/ Concept

Reorder level is the stock level of a particular item of inventory, at which a firm needs to place an order for the fresh supply or replenishment of the item

Reorder quantity is the magnitude or the number of units to _____ ____ _________ _______ ____ ________ __________ __________.
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