Under the lot for lot rule, order sizes are essentially determined directly from gross requirements.

Name: Under the lot for lot rule, order sizes are essentially determined directly from gross requirements.
Brand: Quizplus
Rating: 4.7 (60 reviews)

Question

Quizplus · Accepted Answer

Under the lot for lot rule, order sizes are indeed determined directly from gross requirements. The lot for lot rule involves ordering the exact amount needed to cover gross requirements for a specific period, which can help minimize inventory holding costs.

Under the Lot for Lot Rule, Order Sizes Are Essentially