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Which of the following is NOT one of the key characteristics of a fixed-point system (FPS)? a. The time between orders (TBO) is constant when
Which of the following is NOT one of the key characteristics of a fixed-point system (FPS)? a. The time between orders (TBO) is constant when the demand rate is stable. b. The review period, T, is constant, and placing an order is time-triggered. c. The order quantity, Qt, varies at each review period. d. M is chosen to include the demand during the review period and lead time, plus any safety stock
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