Respuesta :
In a supermarket, a vendor's restocking the shelves every Monday morning is an example of Fixed order interval.
What is Fixed order interval?
With the option to combine all orders coming from the same supplier on the same date, the fixed interval model gives you a real order scheduling capability for specific items. As a result, fewer total orders must be issued, and procurement and goods-in processes will be better organized.
A technique for inventory control is the Fixed Order Interval System. The inventory model also goes by the name fixed reorder cycle. By monitoring the product demand in this, a set interval is formed. It is employed to control the raw material supply.
Different goods may reach reorder points at various times in a fixed-order quantity system, resulting in numerous orders at random intervals. A fixed-period approach, on the other hand, could guarantee that inventory levels are verified consistently for all items, say once every two weeks.
Hence, In a supermarket, a vendor's restocking the shelves every Monday morning is an example of Fixed order interval.
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