A distinction of the _____________ inventory system is that inventory is monitored on a continual basis.
A) Fixed-time period
B) EOQ
C) Periodic
D) Fixed-order quantity
E) None of the above

Question

Quizplus · Accepted Answer

The fixed-order quantity inventory system, also known as the continuous review system, is characterized by monitoring inventory levels continuously, and an order is placed when inventory levels hit a specific reorder point.

A Distinction of the _____________ Inventory System Is That Inventory