______________ is a lot sizing technique that orders for multiple demand periods.
A)Lot-for-lot (L4L)
B)Periodic order quantity (POQ)
C)Economic order quantity(EOQ)
D)Multiple order quantity (MOQ)

Question

Quizplus · Accepted Answer

Periodic order quantity (POQ) is a lot sizing technique that considers ordering for multiple demand periods. This technique calculates the appropriate order quantity for multiple periods to minimize inventory holding cost and ordering cost. The POQ technique is especially useful when demand is not constant and varies from period to period. In this case, POQ orders for each period are based on the forecasted demand for that period.

______________ Is a Lot Sizing Technique That Orders for Multiple