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Which of these is NOT an assumption of the basic continuous review model?

A. The order quantity is constant, regardless of the demand.B. The price of each item is constant, regardless of how many are ordered at a time.C. The lead time to receive a new shipment is constant.D. Demand for the item is constant.

1 Answer

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Answer: The correct answer is choice a.

Explanation: The continuous review model works under the assumption that there is a constant demand for a product, regardless of other factors. There is a preset level of inventory, and when it gets to that level the product is automatically ordered and additional items are brought back into inventory. This makes choice a the one that is NOT an assumption - the order quantity is not constant regardless of demand. The item is not ordered until a preset order point is reached.

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