7. Which of the following in not an assumption that underlines the EOQ model? (a) Demand and...
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7. Which of the following in not an assumption that underlines the EOQ model?
(a) Demand and lead time are known and constant
(b) Purchase cost does not vary with the quantity ordered
(c) Ordering and carrying cost expressions include all relevant costs, and these costs are constant
(d) The quantity ordered always remains constant
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Related Book For
Production And Operations Management
ISBN: 9780071077927
1st Edition
Authors: McGraw-Hill Education India
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