Question: In material requirements planning (MRP), lot-sizing rules determine the quantity of items ordered and directly affect inventory levels, order frequency, and total cost. Some rules

In material requirements planning (MRP), lot-sizing rules determine the quantity of items ordered and directly affect inventory levels, order frequency, and total cost. Some rules are designed to minimize holding costs by keeping inventory levels as low as possible. Which of the following is a lot-sizing rule that aims to reduce the average inventory level?Question 18 options:Economic order quantity (EOQ)Lot-for-lot (L4L)Fixed order quantity (FOQ)Periodic order quantity (POQ), with P =5Periodic order quantity (POQ), with P=2

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