When Comparing EOQ and JIT Inventory Systems, Which of the Following

question 8

Multiple Choice

When comparing EOQ and JIT inventory systems, which of the following statements is false?

• A) The EOQ approach takes the viewpoint that some inventory is necessary.
• B) The EOQ system assumes a constant order quantity.
• C) JIT argues that inventory investments should be minimized.
• D) The EOQ system focuses on acquisition and holding costs.
• E) JIT argues that safety stocks are necessary to reduce the probability of a stock shortage.

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Definitions:

Face And Eyes

Refers to the front part of a person's head, including the area around the eyes.

Using Gestures

The act of expressing oneself or emphasizing speech with physical movements of the body or limbs.

Nonverbal Communication

The transmission of information or feelings without the use of spoken words, using gestures, facial expressions, and body language instead.

Paralanguage

Non-verbal elements of communication used to modify meaning and convey emotion, such as tone of voice, loudness, and pitch.