Mechanical Engineering > Gate 2020 Set-2 > Production Planning
In Materials Requirement Planning, if the inventory holding cost is very high and the setup cost is zero, which one of the following lot sizing approaches should be used?
A
Lot-for-Lot
B
Fixed Period Quantity, for 2 periods
C
Economic Order Quantity
D
Base Stock Level

Correct : a

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Related Topics

material requirement planning lot sizing approaches GATE mechanical engineering 2020 MRP setup cost zero high inventory holding cost fixed period quantity economic order quantity base stock level optimal lot size demand forecasting

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