Choose the following assumptions that cannot be considered a classic EOQ assumption.
1)Constant lead time
2)Instantaneous replenishment
3)No quantity discounts available
4)Fixed holding cost per unit

Question

Quizplus · Accepted Answer

The Economic Order Quantity (EOQ) model assumes constant lead time, instantaneous replenishment, no quantity discounts, and fixed holding cost per unit, making none of the options incorrect assumptions of the EOQ model.

Choose the Following Assumptions That Cannot Be Considered a Classic