Question: Fixed Order Quantity (FOQ) :The inventory control system is called Fixed Order Quantity. The maximum and minimum levels of stock are set, and the maximum

Fixed Order Quantity (FOQ) :The inventory control system is called "Fixed Order Quantity." The maximum and minimum levels of stock are set, and the maximum and minimum amounts of stock can be restocked at the same time when the stock level reaches the auto-set reorder point or the minimum stock level.

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