Question

The ________ is the desired inventory position after an order is ________. Group of answer choices

O order quantity,
O received order quantity,
O submitted order-up-to level,
O submitted order-up-to level, received

Answer 1

The terms to complete the sentence are 'order-up-to level' for the desired inventory position and 'received' for when the inventory has arrived. 'Order-up-to level' is a target inventory level to meet demand until the next delivery.

Step-by-step explanation:

The fill-in-the-blank question asks about inventory management terminology used in operations and supply chain management. The correct phrases to complete the sentence are 'order-up-to level' and 'received'. The completed sentence should read: The order-up-to level is the desired inventory position after an order is received. The order-up-to level is the inventory level that a company aims for after replenishment; it is a target inventory level that should be sufficient to meet expected demand until the next delivery.