Explain how the applications of inventory management for fixed quantities differ from those for fixed time periods. Give specific instances in which you would use a fixed time period model rather than a fixed quantity model. Provide real-world examples.

The main difference between the fixed quantity and fixed time period is that the fixed quantity makes it mandatory for a fixed number of items to be ordered every time an order is made, while the fixed time period has a fixed period orders are received before the next order period.

Step-by-step explanation:

The fixed quantity model is adopted by producers of a product to maintain a package type and also to maximize the profit derived from sales. For example is when ordering or buying eggs from a store, the buyer cannot purchase five eggs since it is packaged in a dozen (12), and so must buy the whole package.

The fixed time model uses time intervals to receive and accumulate orders before delivery is made for every order interval.

understand that i don't know the answers

will someone answer his question

50.6

step-by-step explanation: