Under lot-for-lot, order sizes for component parts are essentially determined directly from which one of the following?
A)gross requirements
B)net requirements
C)economic order quantity
D)gross requirements minus scheduled receipts
E)net requirements minus projected on-hand inventory

Question

Quizplus · Accepted Answer

Lot-for-lot ordering sizes are determined by net requirements, which account for current inventory levels and future needs, excluding any existing inventory or scheduled receipts.

Under Lot-For-Lot, Order Sizes for Component Parts Are Essentially Determined