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Management Studies

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.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M9579237

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