This level is fixed below the re-order level but above the danger level. The level of stock should not be reduced below this level. If it does, then it involves the risk of non availability of material whenever required. This level is fixed after considering two factors: Rate of Consumption and Lead Time.
What are the different parties involved in a LC?
Explain what is non-fund based lending?
Tell me in what form can a bank disburse the amount of assistance it has extended to a company?
What is letter of credit (LC)?
What are the advantages of commercial papers?
What are the disadvantages of commercial papers?
Tell me how is the amount of assistance that a bank can provide for your working capital calculated?
Explain what is the nature of a commercial paper?
Explain what is the process for issuing commercial papers?
Tell me who can invest in commercial papers?
rendc.org
Whether it is technological solutions or user-oriented innovations, We have put together for you the best sources of HR Interview Questions and Answers, Tech Ideas, and Programming Tutorials."
Get all the latest information on rendc.org
© 2022 | All rights reserved.
RENDC
welcome to www.rendc.org
