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Author Question: An inventory system answers two important questions: when to order and how much to order. Which of ... (Read 86 times)

imowrer

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on: Apr 18, 2020
An inventory system answers two important questions: when to order and how much to order. Which of the following statements correctly explains how a Q system (continuous review system) or a P system (periodic review system) answers these questions?
◦ Under a Q system, an order is placed to replenish the inventory position up to the target level T when the inventory position reaches the reorder point R.
◦ Under a P system, an order is placed to replenish the inventory position up to the target level T every P time periods.
◦ Under a P system, a fixed quantity Q is ordered when the inventory position reaches the reorder point R.
◦ Under a Q system, a fixed quantity is ordered every P time period.
Operations Management ¦ Krajewski, Ritzman ¦ 7th Edition
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Marked as best answer by imowrer on Apr 18, 2020

Bison

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Reply #1 on: Apr 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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imowrer

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Reply 2 on: Apr 18, 2020
Thanks for the timely response, appreciate it

amandalm

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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