Which of the Following Is a Dynamic Lot-Sizing Technique That

question 41

Multiple Choice

Which of the following is a dynamic lot-sizing technique that calculates the order quantity by comparing the carrying cost and the setup (or ordering) costs for various lot sizes and then selects the lot size in which these are most nearly equal?

• A) Kanban
• B) Just-in-time system
• C) MRP
• D) Least unit cost
• E) Least total cost

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Definitions:

Accounts Payable

This refers to the amounts owed by a company for goods or services that have been received but not yet paid for.

Cash Dividends

Cash dividends refer to the distribution of a company's earnings to its shareholders, usually in the form of cash.

Common Stock

A type of equity security representing ownership in a corporation, with holders having voting rights and potentially receiving dividends.

Financing Activity

Activities that result in changes in the size and composition of the equity capital or borrowings of a company.