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Which of the following is not true of continuous review systems? Group of answer choices A fixed quantity (Q) is ordered whenever inventory drops to
Which of the following is not true of continuous review systems? Group of answer choices A fixed quantity (Q) is ordered whenever inventory drops to a predetermined reorder point Reorder point = estimated demand during the lead-time period The reorder point is based on a probability distribution of demand over time When an order has been placed, the inventory system is exposed to stockout until the order arrives
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