Which of the following is a dynamic lot-sizing technique that adds ordering and inventory carrying cost for each trial lot size and divides by the number of units in each lot size, picking the lot size with the lowest unit cost?
A) Economic order quantity
B) Lot-for-lot
C) Least total cost
D) Least unit cost
E) Inventory item averaging

Question

Quizplus · Accepted Answer

The Least Unit Cost method is a dynamic lot-sizing technique that calculates the total cost (ordering plus inventory carrying cost) for each trial lot size and divides by the number of units in the lot size to find the lot size with the lowest unit cost.

Which of the Following Is a Dynamic Lot-Sizing Technique That