Question

Which of the following inventory models does not assume that the inventory position is monitored continuously?

a. periodic review with probabilistic demand model
b. quantity discounts for the EOQ model
c. inventory model with planned shortages
d. economic production quantity model

Answer 1

Answer: periodic review with probabilistic demand model

Step-by-step explanation:

The inventory models does not assume that the inventory position is monitored continuously is the periodic review with probabilistic demand model.

In this situation, it implies that the position of the inventory can be checked periodically rather than continuously like in the other options given.