Which One of the Following Statements About Lot-Sizing Rules Is

question 35

Multiple Choice

Which one of the following statements about lot-sizing rules is TRUE?

• A)The periodic order quantity (POQ)rule seeks to create inventory remnants.
• B)If the POQ rule is used,an item's lot size can vary each time an order is placed.
• C)The lot-for-lot (L4L)rule is a special case of the fixed-order quantity (FOQ)rule.
• D)All lot-sizing rules seek to minimize inventory levels.

---

Definitions:

Nanometers

A unit of measurement equal to one billionth of a meter, commonly used to measure wavelengths of light and the scale of atoms and molecules.

Rods

Photoreceptor cells in the retina that are sensitive to low light levels and provide black-and-white vision.

Optic Nerve

The nerve that transmits visual information from the retina to the brain.

Fovea

A small depression in the retina of the eye where visual acuity is highest, due to the high density of cones, responsible for sharp central vision.