What Is the Difference Between P and Q Inventory Systems

question 230

Multiple Choice

What is the difference between P and Q inventory systems?

• A) order size
• B) order spacing
• C) maximum service level
• D) lead time length
• E) A and B

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Definitions:

Daily Task List

A list or agenda created to manage and organize daily duties, tasks, or goals.

Weekly Calendar

An organizational tool that displays the days of the week within a specific time frame, aiding in planning and scheduling.

Seven-day

Referring to a period or cycle of seven consecutive days, commonly used in planning and scheduling contexts.

Natural Language

Natural Language is the human language, such as English or Spanish, that is used for daily communication, contrasting with programming languages designed for computer interaction.