The EOQ model is generally viewed as?

Question

Quizplus · Accepted Answer

The EOQ model is often viewed as unrealistic due to its assumptions that demand is constant and known, and that orders are received instantaneously. However, it is also simple to implement, as it only requires basic inputs such as ordering costs, holding costs, and demand. So, both options A and B are partially correct, but only option C captures both aspects. Option D is incorrect as it implies that the EOQ model is both realistic and difficult to implement, which is not true.

The EOQ Model Is Generally Viewed As