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One of the following statements about PRS (Periodic Reordering System) is not true identify.
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- PRS requires continuous monitoring of inventory levels
- PRS is useful in control of perishable items
- PRS provides basis for adjustments to account for variations in demand
- In PRS, inventory holding costs are higher than in Fixed Reorder Quantity System
- PRS requires continuous monitoring of inventory levels
Correct Option: C
NA
