Reorder Point, Reorganisation, Rep, Repairs and Maintenance

Reorder Point, Reorganisation, Rep, Repairs and Maintenance :

Reorder Point : In an inventory control system, it refers to the level that is set up on achieving which a new order is placed for restocking.

Reorganisation : a change in an organisation’s structure, such as a financial change or the revision of the lines of authority and responsibility in order to enhance performance : the restructuring of a company after one has filed for bankruptcy while it plans for repaying the outstanding debt : a firm’s restructuring that is brought about by a merger, acquisition, consolidation, etc.

Rep : a representative or agent as for sales or customer service

Repairs and Maintenance : an expense item that includes the expenditure incurred on the maintenance of the property so as to keep it in useful condition without increasing its life

Reorder Point

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