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