Question: All else being the same, using the (Q, r) model (continuous review) instead of the OUL model (periodic review) will lead to the following benefit:
All else being the same, using the (Q, r) model (continuous review) instead of the OUL model (periodic review) will lead to the following benefit:
a.Different SKUs can be identified accurately
b. Products can be tracked in the manufacturing and distribution system of a firm, as well as its channel partners
c. Retail transaction becomes faster and smoother
d. Fewer units will be held in inventory.
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