An approach in which products are ordered based on a predetermined time period, such as once a week or three times a day, is referred to as __________

Question 49 options:

	the reorder point approach.
	the constant-order system.
	just-in-time.
	economic order quantity (EOQ).
	the fixed order-interval system.

Stock-outs can result in all of the following except

Question 50 options:

	brand switching.
	satisfied customer.
	loss of customer.
	lower sales.
	product shortage.