Multiple Choice
Which of the following is a dynamic lot-sizing technique that calculates the order quantity by comparing the carrying cost and the setup (or ordering) costs for various lot sizes and then selects the lot size in which these are most nearly equal?
A) Kanban
B) Just-in-time system
C) MRP
D) Least unit cost
E) Least total cost
Correct Answer:

Verified
Correct Answer:
Verified
Q36: The master production schedule states the number
Q37: MRP is a logical, easily understandable approach
Q38: Which of the following is a dynamic
Q39: Net change MRP systems are "activity" driven.
Q40: The time-phased plan specifying how many and
Q42: A BOM file is often called a
Q43: Which of the following can be used
Q44: In this industry type, items are manufactured
Q45: A master production schedule is an input
Q46: The deeper one looks into the product