As the replenishment lot size grows, the cycle inventory at the firm grows, thus increasing the cost of holding inventory. TRUE.

Answers

Answer 1

The cost of retaining inventory rises when the replenishment lot size and the company's cycle inventory both increase. Quantity discounts reduce the unit cost while often boosting the minimum batch size.

How does inventory work?

Inventory is the collective term for all the goods, products, and supplies that a business maintains on hand with the intention of reselling them for a profit. If a newspaper vendor uses a vehicle to deliver newspapers to customers, just the newspaper will be considered inventory.

What does inventory actually imply at work?

Inventory consists of goods or resources that a business intends to resale to customers at a profit. Inventories management is an essential part of the supply chain and involves tracking inventory from manufacturers to warehouses.

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Related Questions

according to ellis' abc's to rebt, people have the most control over changing their . group of answer choices beliefs activating events

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according to Ellis' ABC's to REBT, people have the most control over changing their thoughts, feelings and their actions.

Ellis's ABC model is a cognitive-behavioral model that propose that it is our thoughts about situations that result in our emotional and behavioral responses. REBT is a form of cognitive-behavioral therapy that is based on the ABC model.

The therapist helps the client to identify their irrational thoughts and beliefs and to challenge and change them. The goal is to help the client to learn to respond to situations in a more rational and effective way. Ellis held the view that every person has the capacity to exert control over their thoughts, feelings, and behavior.

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