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Business, 25.11.2021 14:00 Birlem101

which of the following statements best describe the basic fixed-order quantity model? group of answer choices an order is placed when the remaining on-hand inventory reaches the reorder point. an order is placed after the on-hand inventory has been counted or reviewed. an order is placed after there is a stockout. an order is placed when the inventory holding costs are lower than the setup costs. none of the above statements is correct.

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