Mechanical Engineering - Industrial Engineering and Production Management - Discussion


In inventory control, the economic ordering quantity is obtained by the quantity whose procurement cost is equal to inventory carrying cost.

[A]. True
[B]. False

Answer: Option A


No answer description available for this question.

Vimal said: (Jun 27, 2017)  
Procurement cost is equal to ordering cost or setup cost.

Post your comments here:

Name *:

Email   : (optional)

» Your comments will be displayed only after manual approval.