- This topic has 5 replies, 2 voices, and was last updated 6 years ago by
.
- Posts
Sir can we be asked about reorder level lead times min max usage in f9 repetition of topic in f2
In theory yes, but in practice it is extremely unlikely (and I don’t think has ever been asked in Paper FM).
In future you must start a new thread when you are asking about a different topic.
Suppose you sell goods on credit with the amount payable in (say) 2 months time. There is obviously a risk that the customer might end up not paying. So you might ask for a bankers acceptance (or bill of exchange) which is like a post-dated cheque. It is a paper guaranteed by the customer’s bank promising payment in 2 months time. You can either wait the 2 months and are guaranteed to then get the money, or (if you want the money sooner) you can sell the paper to someone else at a discount. The someone else will then get the money in 2 months time.
- The topic ‘Min order quantity reorder level and lead times’ is closed to new replies.