One assumption necessary for the EOQ model is instantaneous replenishment. This means a. the lead time is
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One assumption necessary for the EOQ model is instantaneous replenishment. This means
a. the lead time is zero.
b. the production time is assumed to be zero.
c. the entire order is delivered at one time.
d. replenishment cannot occur until the on-hand inventory is zero.
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Quantitative Analysis For Management
ISBN: 9781292217659
13th Global Edition
Authors: Barry Render, Ralph M. Stair, Michael Hanna, Trevor Hale
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