The lot-sizing technique which almost eliminates inventory holding costs is ______.
A. lot for lot
B. economic order quantity
C. economic production quantity
D. fixed-order quantity
A. lot for lot
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Belling Hotels provides complimentary breakfast buffets to all its guests. This is an example of a ________
A) primary service package B) service interface C) service support D) service frequency E) secondary service feature
________ are concerned with vision and judgment. ________ are concerned with mastering routines.
A) Leaders; leaders B) Leaders; managers C) Managers; leaders D) Managers; managers
A common major disadvantage of secondary data is the _____
a. unsuitable units of measurement b. long time period required to collect data c. high cost for data collection d. known source and control over data collection
Inventory carrying costs include all of the following except:
A. clerical cost of ordering goods B. opportunity cost of investment funds C. insurance costs D. obsolescence and deterioration