Question
Planning orders using a lot-for-lot (L4L) technique is commonly done because it is simple and intuitive. It also helps minimize holding costs because you are
Planning orders using a lot-for-lot (L4L) technique is commonly done because it is simple and intuitive. It also helps minimize holding costs because you are only ordering what is needed when it is needed. So far, it sounds like a good idea.
Are there any disadvantages to this approach?
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Operations Management
Authors: Jay Heizer, Barry Render
11th edition
9780132921145, 132921146, 978-0133408010
