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Industrial Engineering Miscellaneous

Industrial Engineering

  1. In inventory planning, extra inventory is unnecessarily carried to the end of the planning period when using one of the following lot size decision policies:
    1. Lot for lot production
    2. Economic Order Quantity (EOQ) lot size
    3. Period Order Quantity (POQ) lot size
    4. Part period total cost balancing
Correct Option: B

NA



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