Question

explain fixed quantity?​

Answer 1

Answer:

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Explanation:

The Fixed Order Quantity is the inventory control system, wherein the maximum and minimum inventory levels are fixed, and maximum and fixed amount of inventory can be replenished at a time when the inventory level reaches the auto set reorder point or the minimum stock level.

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Answer 2

Answer:

Arrangement in which inventory level is continuously monitored and replinshment stock is ordered is fixed quantity.

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