Lot-for-lot ordering in MRP minimizes holding costs for parts that are carried over to other periods.

Name: Lot-for-lot ordering in MRP minimizes holding costs for parts that are carried over to other periods.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Lot-for-lot ordering in Material Requirements Planning (MRP) involves ordering exactly what is needed for production, minimizing excess inventory and therefore reducing holding costs associated with carrying over parts to future periods.

Lot-For-Lot Ordering in MRP Minimizes Holding Costs for Parts That