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Mechanical Engineering - Industrial Engineering and Production Management - Discussion

Discussion Forum : Industrial Engineering and Production Management - Section 2 (Q.No. 23)
Industrial Engineering and Production Management
23.
In inventory control, the economic ordering quantity is obtained by the quantity whose procurement cost is equal to inventory carrying cost.
True
False
Answer: Option
Explanation:
No answer description is available. Let's discuss.
Discussion:
1 comments Page 1 of 1.
Vimal said:   7 years ago
Procurement cost is equal to ordering cost or setup cost.
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