Which ordering system evaluates stock levels and a periodic schedule of fixed order is developed?
A) Fixed order quantity system
B) Fixed order interval system
C) Re-order point system
D) Safety order system

Question

Quizplus · Accepted Answer

The Fixed order interval system evaluates stock levels on a periodic schedule and a fixed order is developed based on the needs at that time, rather than ordering a fixed quantity each time.

Which Ordering System Evaluates Stock Levels and a Periodic Schedule