A lot sizing rule which bases the order quantity on a standard-size container or pallet load is: b. The fixed-order quantity rule.
The fixed-order quantity rule can be defined as a type of lot sizing rule which is designed and developed to be applied mostly when setup or order costs for a standard-size container are high.
In this context, we can infer and logically deduce that a lot sizing rule which bases the order quantity on a standard-size container or pallet load is referred to as the fixed-order quantity rule.
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Complete Question:
Which of the following lot sizing rules bases the order quantity on a standard-size container or pallet load?
a. The lot-for-lot rule
b. The fixed-order quantity rule
c. The periodic-order quantity rule
d. The gross requirements rule
