Which of the following is fixed-order quantity inventory model?
A)Economic order quantity model
B)The ABC model
C)Periodic replenishment model
D)Cycle counting model
E)P model

Question

Quizplus · Accepted Answer

The Economic order quantity model is a fixed-order quantity inventory model where a constant quantity is ordered each time the inventory level reaches a specific reorder point.

Which of the Following Is Fixed-Order Quantity Inventory Model