MRP glossary TOP > Inventory Control > Ordering Point System
Ordering Point System
Ordering Point System, Fixed Size Ordering System
It is also called Statistical Inventory Control Method, where an order is issued at the time of reaching the Reorder Point. In this point, it is also called Fixed Size Ordering System.
Related term: Inventory Control Method
It is also called Statistical Inventory Control Method, where an order is issued at the time of reaching the Reorder Point. In this point, it is also called Fixed Size Ordering System.
Related term: Inventory Control Method
Reference：JIT Business Research Mr. Hirano Hiroyuki