One requirement of a fixed order quantity system is that the inventory must be constantly monitored.

Name: One requirement of a fixed order quantity system is that the inventory must be constantly monitored.
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Question

Quizplus · Accepted Answer

In a fixed order quantity system, the inventory level is constantly monitored to determine when to place an order to replenish the stock up to a predetermined quantity. This ensures that the inventory level does not fall below the minimum level, which could lead to stockouts and lost sales.

One Requirement of a Fixed Order Quantity System Is That