The difference between P and Q inventory systems is
A) order size
B) order spacing
C) maximum service level
D) A and B
E) all of the above

Question

Quizplus · Accepted Answer

P and Q inventory systems differ in two aspects: the order size and the order spacing. P system orders a fixed quantity every time inventory reaches a certain minimum level, while Q system orders the same fixed quantity every fixed time interval no matter the inventory level. Maximum service level is not directly related to the difference between P and Q systems.

The Difference Between P and Q Inventory Systems Is