General Studies · Inventory Management
Which of the following inventory management approaches is best suited for handling independent demand items in a dynamic supply chain environment with variable lead times and stochastic demand?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Just-in-Time (JIT) Inventory System
- 2Material Requirements Planning (MRP)
- 3Fixed Order Quantity System (Q System)
- 4Time-Phased Order Point (TPOP)✓
Correct answer
Time-Phased Order Point (TPOP)
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