Asked by
Ashley Willingham
on Oct 31, 2024Verified
Q is to ________ systems as P is to ________ systems.
A) fixed quantity; fixed period
B) variable demand; constant demand
C) variable lead time; variable demand
D) variable quantity; variable period
E) quantitative; periodic
Fixed Quantity Systems
Inventory control systems where a fixed amount of inventory is reordered when stock levels reach a certain point.
Fixed Period Systems
An inventory management strategy where orders are placed at fixed intervals, regardless of the current stock level.
- Acquire knowledge about different systems of inventory and the language used in inventory management.
Verified Answer
BJ
Learning Objectives
- Acquire knowledge about different systems of inventory and the language used in inventory management.