Which Lot-Sizing Technique Orders the Quantity Needed During a Predetermined

question 13

Multiple Choice

Which lot-sizing technique orders the quantity needed during a predetermined time between orders?

• A) economic order quantity
• B) periodic order quantity
• C) lot-for-lot
• D) time fencing
• E) part-period balancing

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Definitions:

Managers

individuals responsible for controlling or administering an organization or group of staff.

Persuasive Communication

The act of using arguments, appeals, or messages with the goal of influencing the attitudes, beliefs, or behaviors of others.

Negotiations

The process by which two or more parties discuss and attempt to reach an agreement or resolution on a matter of mutual interest.

Concessions

Compromises made in negotiations where one party gives up certain demands or conditions.