Which demand exhibits on

-

aga

in, off again patterns?

a.

Dependent

b.

Independent

c.

Co

-

dependent

d.

Inherent

12.

Ordering costs ______________ as the order size increases.

a.

Declines

b.

Increases

c.

Constant

d.

No effect

13.

Holding costs are __________ regardless of the number of units ordered.

a.

Declines

b.

Increases

c.

Constant

d.

No effect

14.

An inventory system can b

e designed by defining two inventory rules:

a.

Order Quantity

and

Re

-

order Point

b.

Ordering and Holding

c.

Order Quantity and Inventory Quantity

d.

Production cycle and Customer Demands