(N) ____________ System Is One in Which Inventory Is Checked

(n) ____________ system is one in which inventory is checked (theoretically) on a perpetual basis after each inventory transaction. When the inventory is withdrawn to a point at which there is just sufficient material to cover the demand during the replenishment lead time, an order is initiated for a ___________.

A) predetermined order (PO) / two-week's supply
B) managed inventory supply (MIS) / month's supply
C) essential order supply (EOS) / minimum order quantity
D) fixed order quantity (FOQ) / fixed quantity
E) maximum inventory level (MIL) / maximum quantity