Which of the following are NOT assumptions on which the economic order quantity (EOQ) is based?
A) demand is relatively constant and known
B) the item is produced continuously
C) order preparation costs, inventory carrying costs and lead times are constant and known
D) replacement occurs all at once
E) all of the above are true assumptions
Correct Answer:
Verified
Q1: Using the POQ method of ordering,
Q3: If the economic order quantity is to
Q4: In developing the standard economic order quantity
Q5: Quantity discounts cause companies to:
A) Order sooner.
B)
Q6: Which of the following statements is correct?
A)
Q7: Which of the following statements is best?
I.
Q8: Which of the following is NOT true
Q9: Assuming the cost per order is constant,
Q10: In determining the economic order quantity (EOQ)
Q11: For a certain group of items the
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