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:

Consideration

The benefit, interest, right, or profit involved in an agreement or contract, on which it is based.

Statute of Frauds

A legal concept requiring certain types of agreements to be executed in writing and signed by the parties involved to be enforceable.

Collateral Promises

Agreements that are secondary to a primary transaction or promise, often requiring the backup of an asset as security.

One-Year Rule

A legal provision in contract law stating that contracts which cannot be performed within one year must be in writing to be enforceable.