Business Studies, asked by mobilessearch35, 1 year ago

Difference between continuous and perodic review system

Answers

Answered by PoojaBurra
0

System where stock level of each product is calculated every time a product is moves in or moves out systems in real-time.  

This triggers an order for more stock when inventory level falls below particular re-order point.

System where you confirm quantity of an item your company has on hand at specified, fixed-time intervals.  

Min-max system varies both time between orders and quantities ordered.

Similar questions