Certified in Logistics, Transportation and Distribution (CLTD) Practice Test 2026 – Your All-in-One Resource to Complete Exam Success!

A periodic inventory review is typically referred to as a fixed period review. This method involves counting inventory at specific intervals, such as weekly, monthly, or quarterly. The emphasis on fixed periods allows businesses to manage inventory levels based on predictable cycles rather than real-time tracking. This approach can simplify the inventory management process by aligning reviews with specific time frames, which is particularly beneficial for organizations that do not need continuous oversight of inventory levels.

In contrast to a continuous inventory review, which monitors stock levels in real-time, or dynamic reviews that adjust based on fluctuations in demand and supply, the fixed period review provides a structured schedule for inventory assessment. Other methods, like a random inventory check, do not follow a regular pattern and occur at irregular intervals, making them less systematic than the fixed period approach. Thus, the terminology aligns well with the nature of periodic reviews, reinforcing the correct association.