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Question 22 (1 point) A disadvantage of the fixed-period inventory system is that additional inventory records are required. it involves higher ordering costs than
Question 22 (1 point) A disadvantage of the fixed-period inventory system is that additional inventory records are required. it involves higher ordering costs than the fixed quantity inventory system. the average inventory level is decreased. since there is no order of inventory during the review period, a stockout is possible. orders usually are for larger quantities. Question 23 (1 point) Which one of the following statements is BEST? AP system requires more safety stock than a Q system. AP system requires more administrative control and computer support than does a Q system. AP system lends itself more to quantity discounts than does a Q system. Under a P system, a fixed quantity Q is ordered when the inventory position reaches the reorder point R. In a periodic review system, the value of Q is kept the same from one cycle to another.
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