Which of the following is NOT an assumption of the EOQ model?
A)demand rate is known and constant
B)shortages are allowed
C)lead time is constant
D)order quantity is received all at once

Name: Which of the following is NOT an assumption of the EOQ model? A)demand rate is known and constant B)shortages are allowed C)lead time is constant D)order quantity is received all at once
Brand: Quizplus
Rating: 4.9 (37 reviews)

Question

Quizplus · Accepted Answer

The EOQ model assumes that shortages are not allowed, meaning inventory is replenished before it runs out.

Which of the Following Is NOT an Assumption of the EOQ