What is the lot-for-lot decision rule what is its advantage


1. What are the two basic questions in inventory management discussed in the text?

2. What are decision rules? What is their purpose?

3. What is an SKU?

4. What is the lot-for-lot decision rule? What is its advantage? Where would it be used?

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Mechanical Engineering: What is the lot-for-lot decision rule what is its advantage
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