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Which of the following statements regarding a continuous review system for inventory management is false? Group of answer choices The continuous review system is not
Which of the following statements regarding a continuous review system for inventory management is false? Group of answer choices The continuous review system is not well-suited to managing critical and/or expensive inventory items. 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
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