What kind of order involves sending specific products at set intervals?

The correct answer is the standing order, which is an agreement between a buyer and a seller to deliver specific products at predetermined intervals. This type of order simplifies the purchasing process for items that are needed consistently over time, allowing both parties to plan accordingly. It creates a structured schedule for deliveries, which can enhance inventory management and ensure that the buyer has the necessary products when needed.

This system is particularly beneficial for businesses that require regular supplies, as it minimizes the need for continuous reordering and can often result in better pricing agreements due to the regularity and predictability. The standing order is different from a blanket order, which provides a wider scope for the seller to deliver various products over a longer term but does not specify delivery intervals. Special orders typically involve unique or customized products that are not part of the standard inventory, while rush orders refer to requests for expedited shipping of items, emphasizing urgency rather than regular delivery schedules.