The fixed-order quantity inventory model requires more time to maintain because every addition or withdrawal is logged.

Name: The fixed-order quantity inventory model requires more time to maintain because every addition or withdrawal is logged.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

In the fixed-order quantity inventory model, every addition or withdrawal is recorded in order to determine when the next order needs to be placed. This requires more time and effort to maintain compared to other inventory models.

The Fixed-Order Quantity Inventory Model Requires More Time to Maintain