Jawaban:

Penjelasan:

Inventory management systems are used to address the two basic decisions of when to order and how much to order. The two inventory management systems used in controlling the level of inventory are the continuous system and the periodic system.

In the continuous system, a perpetual record of the inventory is kept. An example of such a system can be found in most supermarkets which use bar-code scanners. The inventory level is adjusted after every sale until a predetermined level is reached when a request for a new order is placed.

In the periodic system, inventory records are taken at a specified interval of time. This can be done weekly or monthly in a process known as “stock-taking”. A new order is requested to bring the inventory level back to the required amount after stock taking is complete.

In a continuous inventory system, the amount ordered when the inventory level reaches the reorder point is fixed. The system is accurate with regards to when new stock should be ordered reducing the chances of stock outs.

In the periodic system, the amount ordered after “stock-taking” is variable because it depends on how much has been sold. Inventory levels are not monitored in-between the intervals. This introduces uncertainties with regards to when new stock should be ordered making the system susceptible to stock outs.

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