Question: When using the fixed - order quantity model inventory is monitored until it gets down to a level where the risk of stocking out is

When using the fixed

-

order quantity model

inventory is monitored until it gets down to a level where the risk of stocking out is sufficiently great to place an order

there is no need for regular inventory monitoring

the company should strive to have the same level of daily inventories on hand inventory is checked monthly and new orders are placed when the inventory reaches a critical level

When using the fixed-order quantity model inventory is monitored until it

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