Aha, I've got it! The correct answers are A, B, and D. Min-max planning considers order cost and carrying cost, while reorder point planning considers lead time. Easy peasy!
Haha, this question is a real brain-teaser! I'm going to go with A, B, and D, and hope for the best. Inventory management is not my strong suit, but I'll do my best to pass this exam.
I'm pretty sure E is also true. Min-max planning can be done at the subinventory level, not just at the item level. And F is true too - you can set limits on the reorder point for both methods.
A, B, and D seem to be the correct answers. I'm not sure about E and F though. The question is asking about inventory replenishment methods, and min-max planning and reorder point planning are the key ones.
That's true. When an item is defined, both reorder point planning and min-max planning can be specified to place limits on the calculated reorder point.
Yes, that's right. Min-max planning can also be performed at the subinventory level, and when an item is defined, both reorder point planning and min-max planning can be specified to place limits on the calculated reorder point.
I think A, B, and D are correct. Min-max planning considers order cost and carrying cost, while reorder point planning considers replenishment lead time.
I think A, B, and D are correct. Min-max planning considers order cost and carrying cost, while reorder point planning considers replenishment lead time.
Toi
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