What Lot-Sizing Technique Is Generally Preferred When Inventory Holding Costs

question 30

Multiple Choice

What lot-sizing technique is generally preferred when inventory holding costs are extremely high?

• A)lot-for-lot
• B)EOQ
• C)POQ
• D)the Wagner-Whitin algorithm
• E)All of the above are appropriate for the situation.

---

Definitions:

Consensus

General agreement among a group of people or within a community.

Consistency

The principle of maintaining uniformity or stability in one's beliefs, attitudes, and behaviors over time or across situations.

Kelley's Covariation Model

This model proposes that people attribute behavior to factors that covary most closely with, or appear to cause, that behavior, considering consensus, distinctiveness, and consistency information.

Consensus

A general agreement among a group of people or within a community, often reached after discussion and consideration of various perspectives.