Definitions: Suggested Maximum, Suggested Minimum

[MeTP]

I Googled this before writing but I can’t find any definitions that help me understand what I’m supposed to put in the “Suggested Maximum” and “Suggest Minimum” fields in Edit Inventory Items. I think I understand what “Reorder Point” means: the stock level at which I should order more of a product but I’m not sure what the other two mean though. Can anyone explain that for me?

[Benjamin]

The stock level should stay between minimum and maximum. When you make a purchase order, items are below or equal reorder point will be placed an order up to item’s maximum quantity. The new order quantity will be the difference between minimum and maximum, or more if the currently available quantity is below the minimum. Please see three scenarios at bottom of this page:

Setting Up Minimum and Maximum Re-Order Quantities