Multiple Choice
Which one of the following is not true regarding the Fixed Period System (FPS) ?
A) The time between orders is constant, but the order quantity might vary.
B) An order is time-triggered, not inventory-triggered.
C) The optimal replenishment level includes the demand during the review period plus any desired safety stock.
D) When demand is not certain, the FPS requires more safety stock than the equivalent FQS.
Correct Answer:
Verified
Correct Answer:
Verified
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