In inventory control, the economic order quantity is the
A. Optimum lot size
B. Highest level of inventory
C. Lot corresponding to break-even point
D. Capability of a plant to produce
Answer: Option A
Solution(By Examveda Team)
In inventory control, the economic order quantity is the optimum lot size.This Question Belongs to Mechanical Engineering >> Industrial Engineering And Production Management
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The essential condition for the decompression of an activity is that
A. The project time should change due to decompression
B. After decompression the time of an activity invariably exceeds its normal time
C. An activity could be decompressed to the maximum extent of its normal time
D. None of the above
A. CAM < DAM
B. CAM > DAM
C. CAM = DAM
D. There is no such criterion
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