_____ is among the simplest ordering methods,but it places more orders than other methods.These other methods compensate for fewer orders with larger order quantities.
A)MRP
B)Part-period ordering
C)Lot-for-lot sizing
D)Net change MRP

Question

Quizplus · Accepted Answer

Lot-for-lot sizing is known to be the simplest method of ordering, where the order quantity is exactly equal to the net requirements. This method places more orders than other methods, but it compensates for the smaller order quantities. MRP, Net change MRP, and Part-period ordering are all methods that used for ensuring the right amount of stock is available for production, but they have their own unique algorithms for calculating orders. Therefore, the best choice for the given question is C) Lot-for-lot sizing.

_____ Is Among the Simplest Ordering Methods,but It Places More