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  1. Reorder point = S x L + J ( S x R x L) Where S = Usage in units per day; L = Lead time in days; R = Average number of units per order; J = Stock out acceptance factor; The stock-out acceptance factor, 'J', depends on the stock-out percentage rate specified and the probability distribution of usage (which is assumed to follow a Poisson ...

  2. Grade-point average (2011 alternate version) In India, many universities and institutes rank their students in percentage of marks they get from the examinations and credits. [3] Many universities have their ranking on point system.