State the perpetual inventory control systems, Operation Management

State the Perpetual inventory control systems

Continuous (Perpetual) Inventory Control Systems:

Stock levels are continually monitored and reviewed within ‘real-time’ and orders placed while stock reaches or falls below a pre-found reorder level. This reorder level could be for standard or variable quantity every time but ordering does not arise at predetermined intervals of time.

Posted Date: 8/24/2013 7:05:57 AM | Location : United States

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