Which of the following does not match with respect to inventory counting and replenishment models?
A)Periodic counting - fixed-order-interval model
B)Periodic counting - small retailers
C)Two-bin system - grocery stores
D)Perpetual tracking - fixed order-quantity model
E)Perpetual tracking - reorder point (ROP)model

Question

Quizplus · Accepted Answer

The two-bin system is a simple inventory replenishment system used for managing consumable inventory items, rather than being specifically associated with grocery stores. It involves using two bins for each inventory item; when one bin is empty, the inventory is reordered, and the second bin provides a buffer during the replenishment period. Grocery stores often use more complex systems due to the variety of products and their varying shelf lives.

Which of the Following Does Not Match with Respect to Inventory