Respuesta :
An inventory system that orders the same amount (fixed) every time is optimal for high value items product.
What is fixed inventory control?
- The Fixed Order Quantity is an inventory control system that allows for maximum and minimum inventory levels to be fixed.
- When the inventory level reaches the auto-set reorder point or the minimum stock level, the maximum and fixed amount of inventory can be replenished.
What are the 4 types of inventory management?
The types of inventory management are Raw Materials, Works-In-Process, Maintenance, Repair and Operations or MRO and Finished Goods.
What is fixed order quantity system?
- The Reorder Point, or simply OP, is reached when the quantity of inventory reaches the maximum and minimum levels defined in advance for the Fixed Size Ordering System.
- At this point, an order for an EOQ (Economic Order Quantity) is placed.
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