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FILL-IN-THE-BLANK 1. The _______ determines the frequency and quantity to order. 2. The _______________ is the measurement of an item's ability to satisfy future demand.

FILL-IN-THE-BLANK

1. The _______ determines the frequency and quantity to order.

2. The _______________ is the measurement of an item's ability to satisfy future demand.

3. A(n) _______ system is a system of inventory control in which a maximum level is marked on the storage shelf or on a measuring rod, and the inventory is brought up to the mark periodically.

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