Inventory a. is held against uncertain usage so that a supply of items is avai

Inventory a. is held
against uncertain usage so that a supply of items is available if needed b.constitutes a small part of the cost of doing business c. is not
something that can be managed effectively d.all of
the alternatives are correct Inventory models in which the rate of demand is constant are called a. fixed
models b.deterministic models c. JIT
models d.Requirements modes For inventory systems with constant demand and a fixed lead time a. the
reorder point=lead-time demand b.the
reorder point>lead-time demand c. the
reorder point Periodic review inventory systems a. are
less subject to stockouts than corresponding continuous review systems b.require
larger safety stock levels than corresponding continuous review systems c. have a constant order
quantities. d.Make the
coordination of orders for multiple products more difficult.