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Veterinary Practice Manager

Category - CVPM

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What is the inventory amount that is expected to be used up between the point of order receipts to the time another order must be placed called?

Inventory turnover
Reorder point
Operating level
Lead stock

Explanation

Answer: C- The operating level is the inventory amount that is expected to be used up between the point of order receipt to the time another order must be placed. This level should not drop below a pre-determined amount, or a stock out could occur.

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