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In a continuous review (R,Q) inventory management system what do the values of R and Q define? Group of answer choices Whenever inventory drops to
In a continuous review (R,Q) inventory management system what do the values of R and Q define? Group of answer choices Whenever inventory drops to trigger quantity, Q, the system orders a replenishment amount, R. Place order every Q time periods to bring the inventory level up to R. Whenever inventory drops to reorder point, R, the system orders quantity, Q. Q is the quantity ordered with constant demand, R is the quantity ordered with uncertain demand. Q is the on-hand inventory whereas R is the on-order inventory
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