Order lot determined by fixed lot-size ordering mrp system

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Reference no: EM131658773

1. The order lot determined by fixed lot-size ordering MRP system is equal to the net requirements lot. True or False

2. As a production planning strategy, Chase strategy is matching the production rate to the order rate by change workforce size. True or False

3. Which of the following is NOT a characteristic of JIT production?

Right time

Large lot size

Right amount

Low or virtually no inventory

4. When product demand is unknown, backward scheduling is desirable. True or False

Reference no: EM131658773

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