One of the assumptions of the economic order quantity model (EOQ) is that purchase price must remain constant.

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One of the assumptions of the EOQ model is that purchase price remains constant. This means that the per-unit cost of the item being ordered does not change during the ordering process. If purchase price fluctuates, an extension of the EOQ model, known as the discount model, can be used to incorporate quantity discounts into the model.

One of the Assumptions of the Economic Order Quantity Model