Demand during lead time with associated probabilities is shown below:

Expected demand during lead time is ___________

The word Kanban is most appropriately associated with

An item can be purchased for Rs.$$100.$$ The ordering cost is Rs.$$200$$ and the inventory carrying cost is $$10\% $$ of the item cost per annum. If the annual demand is 4000 units, the economic order quantity (in units) is

In inventory planning, extra inventory is unnecessarily carried to the end of the planning period when using one of the following lot size decision policies: