A(n) is the amount of inventory that results in the minimum cost, considering the cost of lost sales resulting from running out of stock, the number of units sold per day, and the number of days required to receive inventory.
a. microinventory
b. periodic inventory
c. eoq
d. optimum stocking level

The correct option here is D) optimum stocking level.

Explanation:

Optimum stocking level can also be termed as optimal stocking level or optimal inventory level, which represents the amount of quantity that covers all the sales in a given period between the two stock arrivals. When the inventory is at optimal level it means the cost incurred would be less , as inventory is required to support sales which means less warehouse space and capital is needed, that will lead to higher return on investment.

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