When a product mix does not utilize fully its constraints, they are called loose constraints, when used completely, they are called binding constraints.
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Q13: Ordering costs are costs of placing and
Q14: External constraints are imposed on a firm
Q15: JIT inventory management offers alternative solutions that
Q16: The theory of constraints identifies a company's
Q17: The major binding constraint in an organization
Q19: Reducing ordering and setup costs interfere with
Q20: The theory of constraints focuses on two
Q21: The process of continuous replacement of inventory
Q22: The cost of acquiring inventory includes
A)setup costs
Q23: Which of the following is NOT an
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