1.

One of the following statements about PRS (Periodic Reordering System) is not true identify.

A. PRS requires continuous monitoring of inventory levels
B. PRS is useful in control of perishable items
C. PRS provides basis for adjustments to account for variations in demand
D. In PRS, inventory holding costs are higher than in Fixed Reorder Quantity System
Answer» D. In PRS, inventory holding costs are higher than in Fixed Reorder Quantity System


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