For the theory of constraints, which of the following determines the production rate of the plant? a.

Question:

For the theory of constraints, which of the following determines the production rate of the plant?
a. Local efficiency measures that encourage production of excess inventory just in case demand is greater than expected
b. The
c. Market demand
d. The drummer constraint’s production rate
Economic Order Quantity
Economic order quantity (EOQ) is the ideal order quantity a company should purchase to minimize inventory costs such as holding costs, shortage costs, and order costs. This production-scheduling model was developed in 1913 by Ford W. Harris and has...