Multiple Choice
When comparing EOQ and JIT inventory systems,which of the following statements is false?
A) The EOQ approach takes the viewpoint that some inventory is necessary.
B) The EOQ system assumes a constant order quantity.
C) JIT argues that inventory investments should be minimized.
D) The EOQ system focuses on acquisition and holding costs.
E) JIT argues that safety stocks are necessary to reduce the probability of a stock shortagE.
Correct Answer:

Verified
Correct Answer:
Verified
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Q3: Which of the following is classified as
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