Final answer:
The assertion that products with higher annual usage should have larger, less frequent replenishments is false; replenishment frequency depends on demand variability, storage and reorder costs among other factors.
Step-by-step explanation:
The statement that larger, less frequent replenishments should be scheduled for products with greater annual usage is false. This is because the inventory management strategy depends on various factors, including product demand variability, storage costs, and reorder costs. A product with higher annual usage may actually require more frequent replenishment to avoid stockouts, meet customer demand, and manage space effectively. It is essential to analyze each product's characteristics and demand patterns to schedule the best replenishment strategy.