each trial lot size and divides by the number of units in each lot size , picking the lot size with the lowest unit cost ? ( Points : 4 ) Economic order quantity Lot-for-lot Least total cost Least unit cost Inventory item averaging
Question 8.8 . ( TCOs 4 and 8 ) Which of the following is a dynamic lotsizing technique that calculates the order quantity by comparing the carrying cost and the setup ( or ordering ) costs for various lot sizes and then selects the lot size in which these are most nearly equal ? ( Points : 4 ) Kanban Just-in-time system MRP Least unit cost Least total cost
Question 9.9 . ( TCO 3 ) Which of the following is not an improvementdriven reason to outsource ? ( Points : 4 ) Improve risk management Increase commitment in a noncore area Shorten cycle time Improve quality and productivity Obtain expertise , skills , and technologies that are otherwise not available