For continuous review (Q) inventory systems, fixed quantities of items are ordered each time inventory levels reach the reorder point (R).

Name: For continuous review (Q) inventory systems, fixed quantities of items are ordered each time inventory levels reach the reorder point (R).
Brand: Quizplus
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Question

Quizplus · Accepted Answer

In a continuous review (Q) inventory system, a fixed order quantity (Q) is placed whenever the inventory level falls to or below a predetermined reorder point (R).

For Continuous Review (Q) Inventory Systems, Fixed Quantities of Items