Which would be the most appropriate method of controlling stock in a retail shop?
A) Periodic Review
B) Just-in-Time
C) Order Point
D) Two-Bin System
E) Materials Requirements Planning

Question

Quizplus · Accepted Answer

Periodic Review is often used in retail to manage inventory by reviewing stock levels at regular intervals and making orders to replenish stock, ensuring that the store maintains adequate inventory levels without overstocking.

Which Would Be the Most Appropriate Method of Controlling Stock