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Min/Max Stock Policies — Assessment

5 questions · 70% to pass · graded instantly. Pass and your certificate is issued automatically.

1. What does the maximum level guard against?
2. How is a top-up order quantity calculated?
3. On-hand is at the min of 50 and max is 200. How much is reordered?
4. How should the minimum level be set?
5. Why tune min/max levels over time?

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