The EOQ model without the instantaneous receipt assumption is commonly called the
A)quantity discount model.
B)safety stock model.
C)planned shortage model.
D)production run model.

Question

Quizplus · Accepted Answer

The EOQ model without the instantaneous receipt assumption, where inventory is replenished over time rather than all at once, is commonly referred to as the production run model. This model is used when items are produced or delivered in batches over time.

The EOQ Model Without the Instantaneous Receipt Assumption Is Commonly