The Economic Production Run Quantity Directly Affects the
The economic production run quantity directly affects the
A) order point for raw material inventories.
B) safety stock for finished goods inventory.
C) level of finished goods inventory.
D) lead time for producing finished goods inventory.
Why does a "push" based inventory control system generate larger inventory levels than a "pull" system?
What does the term "pull" mean in the context of production control?
Identify and discuss how sales and costs are affected during the five stages of the product life cycle.