The economic order quantity is calculated for items by using the traditional MTO (make-to-order) methods.

Name: The economic order quantity is calculated for items by using the traditional MTO (make-to-order) methods.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The economic order quantity is calculated for items using the traditional MTS (make-to-stock) methods, not MTO (make-to-order) methods. MTO involves producing items only when they are ordered, whereas MTS involves producing items in advance to stock them for future sales.

The Economic Order Quantity Is Calculated for Items by Using