Explain why it is not necessary to include product cost (price or price times quantity) in the

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Explain why it is not necessary to include product cost (price or price times quantity) in the EOQ model, but the quantity discount model requires this information.

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Operations management

ISBN: 978-0132163927

10th edition

Authors: Jay Heizer, Barry Render

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Question Posted: Jan 09, 2014 07:17 AM

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Explain why it is not necessary to include product cost (price or price times quantity) in the

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Price times quantity is not variable in the EOQ model ...View the full answer

Operations management

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