Which of the Following Is Not a Lot-Sizing Technique Used

question 69

Multiple Choice

Which of the following is not a lot-sizing technique used in MRP systems?

• A) Lot-for-lot (L4L)
• B) Economic order quantity (EOQ)
• C) Least total cost (LTC)
• D) Least unit cost (LUC)
• E) Warehouse loading factor (WLF)

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Definitions:

Geographic Segment

A part of a business that operates in a specific geographical area that is significant enough to require separate financial reporting.

U.S. GAAP

Short for United States Generally Accepted Accounting Principles, it represents the framework and specific rules for financial accounting and reporting in the U.S.

Gross Profit

The difference between revenue and the cost of goods sold, representing the amount before operating expenses, interest, and taxes are deducted.

LIFO Method

The Last In, First Out method for inventory valuation where the most recently produced or purchased items are the first to be expensed.