Which of the following is a fixed-order-quantity inventory model?
A) Economic order quantity model
B) The ABC model
C) Periodic replenishment model
D) Cycle counting model
E) P model

Question

Quizplus · Accepted Answer

The economic order quantity model is a fixed-order-quantity inventory model that determines the optimal order quantity that minimizes total inventory costs, including holding costs and ordering costs. It assumes a constant demand rate and no stockouts or backorders.

Which of the Following Is a Fixed-Order-Quantity Inventory Model