A model that identifies the optimum number of items to minimize the costs of managing them is called
A) just-in-time management.
B) flexible scheduling.
C) material requirements planning.
D) the economic order quantity model.
E) logistics.

Question

Quizplus · Accepted Answer

The economic order quantity model identifies the optimum number of items to order to minimize the costs of managing (ordering,storing,and using)them.

A Model That Identifies the Optimum Number of Items to Minimize