Question: A fixed - quantity inventory system a . replenishes inventory when it falls below a pre - set minimum amount. b . replenishes inventory on

A fixed-quantity inventory system
a. replenishes inventory when it falls below a pre-set minimum amount.
b. replenishes inventory on a regular schedule.
c. classifies inventory according to a reference amount.
d. is also known as a re-order point system.
e. is both a and d only.
 A fixed-quantity inventory system a. replenishes inventory when it falls below

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!