Mechanical Engineering - Industrial Engineering and Production Management - Discussion

Discussion Forum : Industrial Engineering and Production Management - Section 1 (Q.No. 48)
48.
Which of the following statement is correct?
A-B-C analysis is based on Pareto's principle.
Simulation can be used for inventory control.
Economic order quantity formula ignores variations in demand pattern
all of the above
Answer: Option
Explanation:
No answer description is available. Let's discuss.
Discussion:
13 comments Page 2 of 2.

PRINCE said:   7 years ago
I think D is the correct answer.

Anup said:   7 years ago
B is also correct and yes it is a deterministic model so option D is the correct option and no doubt ABC is based on Pareto's principle.

Nikhil said:   9 years ago
Why not the answer is C option? As in economic order analysis the demand is constant for deterministic model?


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