The period order quantity (POQ) lot sizing rule implies that you order the same amount of inventory every time you place an order TrueFalse Bookmark question for later Which of the following is an approach companies use to establish a well reasoned fixed order quantity (FOQ) a Economic Order Quantity b Quantity Discount c Administrative Efficiency d Machine Capacity e All of the above f A and B only g A, B, and D only Bookmark question for later When should you use the lot for lot (LFL) lot sizing rule a Ordering or Set up costs are low b Ordering or Set up costs are high c Item value is low d Item value is high e A and D only f B and C only Bookmark question for later To select an appropriate lot sizing rule you should compare the annual carrying costs associated with each lot sizing rule you are considering TrueFalse Bookmark question for later Which of the following is an appropriate tool or mechanism for dealing with supply and demand uncertainty a Safety Stock b Safety Lead Time c Safety Transportation d All of the above e A and B only

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Question: The period order quantity (POQ) lot-sizing rule implies that you order the same amount of inventory every time you place an order. TrueFalse Bookmark question

The period order quantity (POQ) lot-sizing rule implies that you order the same amount of inventory every time you place an order.

TrueFalse
Bookmark question for later
Which of the following is an approach companies use to establish a well-reasoned fixed order quantity (FOQ)?
a. Economic Order Quantity

b. Quantity Discount

c. Administrative Efficiency

d. Machine Capacity

e. All of the above

f. A and B only

g. A, B, and D only
Bookmark question for later
When should you use the lot-for-lot (LFL) lot-sizing rule?
a. Ordering or Set-up costs are low

b. Ordering or Set-up costs are high

c. Item value is low

d. Item value is high

e. A and D only

f. B and C only
Bookmark question for later
To select an appropriate lot-sizing rule you should compare the annual carrying costs associated with each lot-sizing rule you are considering.

TrueFalse
Bookmark question for later
Which of the following is an appropriate tool or mechanism for dealing with supply and demand uncertainty?
a. Safety Stock

b. Safety Lead Time

c. Safety Transportation

d. All of the above

e. A and B only

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