Answer: False
Explanation: In the fixed-order quantity inventory system, a fixed quantity of stock is ordered when stock replenishment level is attained or reached. However, in fixed-time period inventory, there is a target level of stock and the inventory is monitored during a fixed time interval, so that the inventory is restored back to its target level. The fixed-time period requires carrying out safety stock routine in other to prevent stock-out during periods of high demand and has such maintain a higher average inventory.
