All of the Following Are Possible Reasons for Using the Fixed-Order-Interval

question 87

Multiple Choice

All of the following are possible reasons for using the fixed-order-interval model except

• A)supplier policy encourages use.
• B)grouping orders can save in shipping costs.
• C)the required safety stock is lower than with an EOQ/ROP model.
• D)it is suited to periodic checks of inventory levels rather than continuous monitoring.
• E)continuous monitoring is not practical.

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Definitions:

Distinctive

Having a quality or characteristic that makes something easily identifiable and sets it apart from others.

Mood-dependent Memory Effect

The phenomenon where an individual's current mood affects the recall of memories congruent with that mood.

State-Dependent Learning

The phenomenon that recall is easier when the pharmacological state of the person at recall matches his or her pharmacological state during encoding.

Retrieval Processes

The cognitive operations involved in bringing stored information back into consciousness or into active use.