Which of the following is a dynamic lot-sizing technique that calculates the order quantity by comparing the carrying cost and the setup (or ordering)costs for various lot sizes and then selects the lot size in which these are most nearly equal?
A)Kanban
B)Two-bin system
C)MRP II
D)Least unit cost
E)Least total cost

Question

Quizplus · Accepted Answer

The technique described in the question is known as the Least Total Cost technique. It is a dynamic lot-sizing technique that balances the carrying cost and setup costs to determine the optimal order quantity. Therefore, the correct option is E.

Which of the Following Is a Dynamic Lot-Sizing Technique That