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Which of the following statements regarding a continuous review system for inventory management is false? Group of answer choices The size of a replenishment order
Which of the following statements regarding a continuous review system for inventory management is false? Group of answer choices The size of a replenishment order is typically based on the trade-off between holding costs and inventory costs. Inventory levels are monitored constantly, and a replenishment order is issued only when a preestablished reorder point has been reached. The reorder point is based on both demand and supply considerations, as well as on how much safety stock inventory managers want to hold. The continuous review system is not well-suited to managing critical and/or expensive inventory items
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