Which One of the Following Statements Concerning a Continuous Review

question 187

Multiple Choice

Which one of the following statements concerning a continuous review system is BEST?

• A)The inventory position (IP)of an item measures the item's ability to satisfy future demand,relying only on the on-hand inventory.
• B)An item's inventory position under a continuous review system increases by Q units as soon as an order is received.
• C)An item's on-hand inventory increases by Q units as soon as an order is placed.
• D)Under a continuous review system,an item's inventory position corresponds to the on-hand inventory unless there are backorders or one or more scheduled receipts.

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