Which of the following is not an assumption of the basiceconomic-order quantity model? A. ordering or setup costs areconstant B. quantity discounts are available C. annual […]
Independent demand is: a. inventory whose demand comes from independentsuppliers b. inventory that is independent of any knownrules of demand and supply c. demand that is […]
The commonly used simple aggregate planning techniquesare: a. Cut-and-try charting b. Graphic method c. Linear programming and the transportationmodel d. A andB e. A B andC
The transportation model is appropriate to aggregateplanning if the cost and variable relationships are linear anddemand can be treated as probabilistic. a. True b. False
Which of the following is not a reason for carryinginventory? a. to maintainindependence of operations b. to take advantage of economic purchase-ordersize c. to make the […]
Which of the following would not be classified as atime-series technique? a. Simplemoving average b. Exponential smoothing c. Box Jenkins techniqued. Regression modele. Trend projections