Which of the Following Can Be Used for Lot Sizing

question 25

Multiple Choice

Which of the following can be used for lot sizing in an MRP system?

• A)Low-Level coding
• B)Time buckets
• C)Least unit cost
• D)Inventory record files
• E)Peg reports

---

Definitions:

Regression Analysis

A statistical method used to examine the relationship between a dependent variable and one or more independent variables.

Regression Inference

The process of using regression analysis to make predictions or draw conclusions about the relationship between variables.

Linear Correlation

A relationship between two variables where a change in one variable is associated with a proportional change in the other.

Residual Plot

A graph showing the residuals on the vertical axis and the independent variable on the horizontal axis, used to assess the fit of a model.