Inventory planning and control Question:
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Periodic review means?
Answer:
1. Ordering inventory at a predetermined re-order level
2. Ordering inventory when it falls below the designated safety stock level
3. Ordering inventory in consultation with suppliers relative to their available capacity
4. Ordering inventory to supplier call-offs on an as required basis
5. Ordering inventory at a fixed and regular time interval
Ordering inventory at a fixed and regular time interval
2. Ordering inventory when it falls below the designated safety stock level
3. Ordering inventory in consultation with suppliers relative to their available capacity
4. Ordering inventory to supplier call-offs on an as required basis
5. Ordering inventory at a fixed and regular time interval
Ordering inventory at a fixed and regular time interval
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