Question

81. One of the assumptions for Economic Order Quantity (EOQ) is that items are single, with the ability to interact with other inventory items

True

False

83. Business process outsourcing is the same as outsourcing service functions.

True

False

85. Responsiveness of a weighted moving average time series can be changed by altering some of all the weights.

True

False

Answer 1

81. Yes this is true as Economic order quantity (EOQ) is the ideal order quantity a company should purchase to minimize inventory costs such as holding costs, shortage costs, and order costs and items are single which will interact with other items.

83. Yes it is generally a same thing Business Process Outsourcing is a subset of outsourcing that involves contracting the operations and responsibilities for a particular business process to a third-party service provider while services functions are the Companies can outsource a number of tasks or services.They can outsource other types of work as well, including manufacturing processes, human resources tasks.

84. Yes as response time is genearlly calculate by the weights so if we alter the weight then it might take some extra time or less time which will impact the average of the responsiveness.

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