A continuous 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

Question

Quizplus · Accepted Answer

A continuous inventory system is also known as a fixed-order quantity system, where inventory levels are constantly monitored, and orders are placed for a fixed quantity whenever the inventory hits a certain reorder point. This helps to maintain a constant inventory level and avoid stockouts. The other options listed are different types of inventory management systems with varying characteristics.

A Continuous Inventory System Is Also Known as a