Question

What is mean by minimum base quantity in retail store?

Answer 1

The (inventory) replenishment is an operation that consists in making the stock full again in order to avoid stock-out. Replenishment is typically initiated by a backorder passed to a supplier or to a manufacturer, possibly sent through EDI.

Answer 2

Answer:

Explanation:

Threshold inventory quantity is the minimum amount of inventory a company wants to have ... Retailers hold inventory in-store or order-fulfillment warehouses until ... For manufacturers, a stock out means running out of raw materials that are ...