In the Economic Manufacturing Quantity model,the annual consumption rate must be higher than the annual production rate.

Name: In the Economic Manufacturing Quantity model,the annual consumption rate must be higher than the annual production rate.
Brand: Quizplus
Rating: 4.9 (38 reviews)

Question

Quizplus · Accepted Answer

In the Economic Manufacturing Quantity (EMQ) model, the annual production rate must be higher than the annual consumption rate to ensure that inventory can be replenished faster than it is being used.

In the Economic Manufacturing Quantity Model,the Annual Consumption Rate Must