Which One of These Would Not Be a Factor in Determining

question 93

Multiple Choice

Which one of these would not be a factor in determining the reorder point?

• A)the EOQ
• B)the lead time
• C)the variability of demand
• D)the demand or usage rate
• E)all are factors

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Definitions:

Decision

The process of making choices or identifying a course of action from several alternatives, often based on information or data analysis.

Relevant

Pertinent or related to the matter at hand, especially in the context of decision-making.

Proprietorship Form

A business organization that is owned and operated by an individual, where there is no legal difference between the owner and the business.

Economic Unit

An economic unit is an entity, such as an individual, household, or company, making decisions regarding the allocation of resources and consumption.