Chapter 14 – Independent Demand Inventory
Chapter 14 Independent Demand Inventory Answer Key
Multiple-Choice Questions
1. Of the cost elements making up total inventory cost, which is the most difficult to
estimate?
2. The carrying cost for inventory consists of which cost components?
3. Unlike a requirements philosophy of inventory management, a replenishment philosophy
15-6
16. Which of the following is NOT an assumption of the basic EOQ model?
17. In the basic EOQ model, if annual demand and carrying costs double, the EOQ
18. Which of the following statements is true about a Q system?
