Fixed-time-period inventory models generate order quantities that vary from time period to time period, depending on the usage rate.
(a) true
(b) false

The correct answer is (A) True.

Explanation:

Fixed order period systems review inventory levels at fixed intervals of time and place orders that cover enough material so that inventory levels are recovered to a certain level. Orders are placed in equally spaced time intervals and the quantities ordered in each cycle are calculated using this formula:

 Order quantity = Higher inventory target - Inventory level + EDDLT

The upper goal of the inventory is usually determined from the amount of space allocated to a material, either in a warehouse or on the shelves of a store. If at the time of the revision of the inventory level it is relatively low, larger quantities are placed. If, on the other hand, during the review the inventories are high, smaller amounts are placed.

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi