The two basic issues in inventory are how much to order and when to order.
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Q36: The fixed-order-interval model requires a continuous monitoring
Q37: Variability in demand and/or lead time can
Q38: When to order can be calculated by
Q39: The single-period model can be very helpful
Q40: Because price is not a factor in
Q42: Cycle counting can be used in motorcycle
Q43: A nonlinear cost related to order size
Q44: A quantity discount will lower the reorder
Q45: A single-period model would be used mainly
Q46: Average demand for a particular item is
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