31. Use of the fixed-interval model requires having a perpetual inventory system.
32. Using the basic EOQ model, if the ordering cost doubles, the order quantity will be
33. Using the EOQ model, if an items holding cost increases, its order quantity will decrease.
34. When using EOQ ordering, the order quantity must be computed in every order cycle.
35. Which model does not take into account the amount of inventory on hand?
36. Which of the following is not an inventory?
37. Which of the following is not an inventory?
38. Buffer stock is the level of stock
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