This is a point at which the store keeper should initiate purchase requisition for fresh supply It is ________.

A. maximum stock level

B. minimum stock level

C. reorder level

D. average stock level

Answer: Option C

Solution(By Examveda Team)

This is a point at which the store keeper should initiate purchase requisition for fresh supply It is reorder level. Re-order level is a level of material at which the storekeeper should initiate the purchase requisition for fresh supplies. When the stock-in-hand comes down to the re-ordering level, it is an indication that an action should be taken for replenishment or purchase.