Question: Question . How many statements are correct for Constant Demand? (A) 0 (B) 1 (C) 2 (D) 3 (E) 4 Statement 1. If inventory period

Question. How many statements are correct for Constant Demand?

(A) 0 (B) 1 (C) 2 (D) 3 (E) 4

Statement 1. If inventory period increases, then lot size increases.

Statement 2. If safety stock increases, then reorder point decreases.

Statement 3. If unit carrying cost increases, then economic order quantity increases.

Statement 4. If lot size increases, then turnover rate decreases.

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