Question: Periodic and Continuous inventory control systems What is the difference between periodic and continuous inventory control systems? Describe an (R,S) system with a R=2 and

Periodic and Continuous inventory control systems

What is the difference between periodic and continuous inventory control systems?

Describe an (R,S) system with a R=2 and S=50. When do we order and how much do we order in such a system?

Periodic and Continuous inventory control systems

In a continuous review system, with s = 10, Q = 20, and S = 30, there are 12 items on the shelf when a demand of size 5 happens.

What does a (s,Q) system order?

What does a (s,S) system order?

Periodic and Continuous inventory control systems

I can answer the first question, but the rest are very confusing.

Periodic and Continuous inventory control systems What is the difference between periodic and continuous inventory control systems? Describe an (R,S) system with a R=2 and S=50. When do we order and how much do we order in such a system? In a continuous review system, with s = 10, Q = 20, and S = 30, there are 12 items on the shelf when a demand of size 5 happens. What does a (s,Q) system order? What does a (s,S) system order

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