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a system for placing orders of varying sizes at regular intervals to replenish inventory up to a specified or target inventory level. A periodic inventory review system sets a specific re-order period, but the re-order quantity can vary according to need. The quantity re-ordered is calculated by subtracting existing inventory and on-order inventory from the target inventory level.
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What is meant by the frequency of a periodic motion?
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What is meant by choice based credit system?
choice crditi system is---------------- for girl
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1 - Perpetual inventory system 2 -Periodic accounting system
The computer has made the periodic inventory system more popular and easier to apply?
true
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What should you do in order to have an effective periodic review?
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What is meant by administrative system in business?
What is meant by administrative system in business? What is meant by administrative system in business?
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How do you explain what is meant by a complex system?
Explain what is meant by a complex system
What are the disadvantages of a periodic inventory system?
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