Average inventory level is reduced by
A. | decreasing the vendor lead time |
B. | increasing the usage rate |
C. | decreasing the order quantity |
D. | lowering the reorder point |
Option: C Explanation : Click on Discuss to view users comments. |
A popular technique for forecasting is
A. | correlation analysis |
B. | regression analysis |
C. | linear programming |
D. | None of the above |
Option: B Explanation : Click on Discuss to view users comments. |
A. | Both (A) and (R) are false. |
B. | Both (A) and (R) are true |
C. | (A) is true and (R) is false. |
D. | (A) is false and (R) is true. |
Option: B Explanation : Click on Discuss to view users comments. |