Q2

QUESTION 2 Which of the following statements is false about inventory management? OA method that categorizes inventory based on their criticalness can be known as the ABC method. The Economic Order Quantity method (EOQ) measures the optimal inventory sizes that should be ordered at once to have a more efficient and minimal inventory cost. O The Just-In-Time method (JIT) orders surplus inventory to avoid a stock-out problem. All of the above are true