Using the periodic order method to determine the proper quantity to order, the purchaser _____ and _____ the amount required for the upcoming period.

Question

Quizplus · Accepted Answer

In the periodic order method, the purchaser subtracts the quantity on hand from the projected needs to determine how much more is needed, then adds the desired ending inventory to ensure there is enough stock until the next order.

Using the Periodic Order Method to Determine the Proper Quantity