True-false statements
Decide which of the following statements are true and which are false!
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True-false statements
Decide which of the following statements are true and which are false!
a) If the company ordered weekly, the cost of inventory management would be lower.
Justification:
b) If the company produces 800 thousand screws per year - under unchanged conditions - the cost of inventory management will increase.
Justification:
c) If the purchase price of the screw increases — under unchanged conditions — the cost of inventory management will also increase.
Justification:
d) The EOQ model is an inventory management method that can only be applied to products in constant demand.
Justification:
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