Which of the Following Statements Is True of a Fixed-Period

Multiple Choice

Which of the following statements is true of a fixed-period system (FPS)

A) It orders a fixed quantity of items when the inventory position reaches or drops below the reorder point (r) .
B) It orders sufficient stock at the time of review to bring the inventory position up to the replenishment level (M) .
C) It maintains a constant order quantity every review period.
D) It checks the inventory position on a continuous basis.