Which of the following systems are used to determine when the order point is reached?
I. Two-bin system.
II. Perpetual inventory system.
III. Periodic inventory system.
IV. Safety stock system.
A) all are used to tell when the order point is reached
B) I and II only are used
C) I, II and III only are used
D) I and III only are used
E) II and III only are used

Question

Quizplus · Accepted Answer

Both the two-bin system and perpetual inventory system are used to determine when the order point is reached. The periodic inventory system relies on physical counting and may not accurately determine when the order point is reached. The safety stock system is a separate method used to ensure that stockouts do not occur and does not directly determine the order point.

Which of the Following Systems Are Used to Determine When