Question: Which option represents the production order quantity model? a . As the quantity ordered increases, the annual setup or ordering cost will decrease. b .

Which option represents the production order quantity model?

.

As the quantity ordered increases, the annual setup or ordering cost will decrease.

.

Undertaking checks on current inventory levels to verify the system, to test how well it is working and to identify changes in working practices and customer demands.

.

When inventory continuously flows or builds up over time after an order has been placed.

.

Recognising that the level of control to be provided reflects the annual requirement value

(

ARV

)

of an item.

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