The _____ form of inventory control automatically orders a fixed number of items every time an inventory level falls to a predetermined point.
A) just-in-time scheduling
B) breakeven
C) balanced scorecard
D) asset management
E) economic order quantity

Question

Quizplus · Accepted Answer

The description given refers to the economic order quantity (EOQ) method of inventory control, where a fixed amount of items are ordered whenever inventory levels reach a certain point. Just-in-time scheduling refers to a method of production scheduling, breakeven is a financial analysis tool, balanced scorecard is a strategic management tool, and asset management refers to the management of assets for optimal financial returns.

The _____ Form of Inventory Control Automatically Orders a Fixed