Explain the major assumptions of the basic EOQ model.

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Operations management

ISBN: 978-0132163927

10th edition

Authors: Jay Heizer, Barry Render

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Question Posted: Jul 23, 2013 02:20 AM

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Explain the major assumptions of the basic EOQ model.

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Assumptions of EOQ model demand is known and constant over time lead time is kn...View the full answer

Operations management

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