A periodic inventory system is also known as a
A)fixed-time period system.
B)fixed-order quantity system.
C)fixed-lead time system.
D)fixed-amount system.

Name: A periodic inventory system is also known as a A)fixed-time period system. B)fixed-order quantity system. C)fixed-lead time system. D)fixed-amount system.
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Question

Quizplus · Accepted Answer

Periodic inventory system is also known as fixed-time period system as inventory is reviewed and ordered at fixed intervals of time, rather than continuously monitoring the stock levels.

A Periodic Inventory System Is Also Known as a