Multiple Choice
Kitchens Unlimited has an inventory decision rule which states that "when the inventory level goes down to 20 cabinets, an order for 50 cabinets will be placed." Which of the following statements best describes their inventory management policy?
A) They are pursuing a reorder point policy.
B) They monitor their inventory continuously.
C) Twenty is the amount of the safety stock, and 50 is the order quantity.
D) All of these statements are true.
Correct Answer:
Verified
Correct Answer:
Verified
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