Which of the following is true for a company which uses continuous review inventory system?

The correct answer is: D. Both A and C

In a continuous review inventory system, the order interval is fixed and the order quantity is also fixed. This means that the company orders a fixed amount of inventory at regular intervals, regardless of the current inventory level. This type of system is often used for items that have a high demand and a low cost.

Here is a brief explanation of each option:

• Option A: Order Interval is fixed. This is true for a continuous review inventory system. The company orders a fixed amount of inventory at regular intervals.
• Option B: Order Interval varies. This is not true for a continuous review inventory system. The company orders a fixed amount of inventory at regular intervals.
• Option C: Order Quantity is fixed. This is true for a continuous review inventory system. The company orders a fixed amount of inventory at regular intervals.

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