Which of the following statements is true in regard to the difference between fixed-order and fixed-

Which of the following statements is true in regard to the difference between fixed-order and fixed-time period models?

		Fixed-time period models are normally more expensive to implement than fixed-order quantity models.
		On average, fixed-order quantity models enable firms to hold smaller amounts of inventory than firms using fixed-time period models.
		Both fixed-order quantity and fixed-time period models operate on a perpetual review system.
		All of the above statements are true
		None of the above statement are true

 

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