The EOQ model is most relevant for which one of the following?
A)ordering items with dependent demand
B)determination of safety stock
C)ordering perishable items
D)determining fixed-interval order quantities
E)determining fixed order quantities

Question

Quizplus · Accepted Answer

The EOQ (Economic Order Quantity) model is most relevant for determining fixed order quantities, as it calculates the optimal order size to minimize the sum of ordering, holding, and stockout costs.

The EOQ Model Is Most Relevant for Which One of the Following